Tether’s investment arm has acquired a roughly $150 million stake—about 12%—in precious-metals platform Gold.com to broaden access to tokenized gold. The deal will integrate Tether Gold (XAUt), Tether’s gold-backed cryptocurrency, into Gold.com’s marketplace.
Gold.com is a publicly listed online seller of gold, silver, platinum and other precious metals across several markets, including the United States. Tether CEO Paolo Ardoino said the move reflects a long-term view of gold as a hedge and a store of value: the company aims to make gold as accessible, transferable and usable as modern digital money while preserving physical backing and ownership.
Tether and Gold.com are also exploring ways for customers to buy physical gold using Tether’s flagship stablecoin USDT and its new U.S.-focused stablecoin USAt (USAT), which Tether launched with Anchorage Digital on Jan. 27. The investment follows Tether’s separate $100 million equity investment in Anchorage announced the same day, a deal intended to support USAt adoption as Anchorage pursues a public listing.
Tether’s expanded gold push comes amid large recent moves in gold prices, which rallied more than 80% over the prior 12 months to $5,600 on Jan. 29 before easing to about $4,800 at the time of reporting. Tether reported a $10 billion profit in 2025, largely from interest on U.S. Treasury holdings backing a $185.6 billion USDT reserve.
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