According to ChainCatcher's report, Tether Investments has announced the acquisition of approximately 31.9% of shares in the Canadian gold royalty company Elemental Altus, totaling 78,421,780 common shares. At the same time, Tether has signed an option agreement that grants the right to purchase an additional 34,444,580 shares after October 29, 2025.
Tether CEO Paolo Ardoino stated that this investment is an important step in the company's strategy to deepen financial infrastructure supported by hard assets such as gold and Bitcoin, aiming to build a more resilient and transparent financial system. It is reported that the Tether group already holds over 100,000 bitcoins and nearly 80 tons of physical gold, and has issued Tether Gold (XAUT) tokens backed by physical gold.
