Tether has announced its intention to increase its stake in Canadian gold company Elemental Altus Royalties. The new investment will amount to $100 million.
Tether's Investment in Elemental Altus
Tether plans to invest an additional $100 million in Elemental Altus Royalties, raising its ownership from 31.9% to approximately 37.8%. The transaction is expected to complete in the fourth quarter of 2025, underscoring the company's diversification strategy into the real asset sector.
Shift Towards Gold Strategy
The increase in stake in Elemental Altus demonstrates Tether's intention to move away from reliance on traditional assets like US government bonds. By investing in gold, Tether can enjoy income from gold production without the need to operate a mining company.
Tether's Resilience and Global Efforts
Tether's strategy also encompasses other directions, such as a signed memorandum of understanding with Zanzibar aimed at supporting digital asset education and integrating stablecoins into the local payment system.
Thus, Tether is demonstrating a multi-layered strategy by strengthening its reserve assets through gold royalties while also promoting global adoption of cryptocurrencies.
