Tether Eyes $200M for Tokenized Gold Crypto Treasury With Antalpha


20h05 ▪
4
min read ▪ by
Ifeoluwa O.

Summarize this article with:

Tether, recognized as the largest stablecoin issuer globally, is deepening its presence in digital assets through a new initiative focused on tokenized gold. The company is in talks with crypto financing firm Antalpha Platform Holding to secure about $200 million for a public company designed to invest in gold-backed digital tokens.

Tether agent in vault reaches for gold transforming into crypto tokens, with Antalpha in background.Tether agent in vault reaches for gold transforming into crypto tokens, with Antalpha in background.

In brief

  • Tether and Antalpha are planning a $200 million public investment vehicle focused on gold-backed digital tokens.

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