Tether (USDT) Invests in Gold-Backed Royalties Company Elemental Altus, Acquiring a 31.9% Stake

Stablecoin issuer Tether has purchased a 31.9% stake in Canada-based Elemental Altus Royalties Corp., acquiring 78.4 million shares in a bold move to expand its gold-backed assets.

Stablecoin issuer Tether has purchased a 31.9% stake in Canada-based Elemental Altus Royalties Corp., acquiring 78.4 million shares in a significant move to expand its gold-backed assets.

This marks Tether’s most substantial foray yet into the precious metals sector, aligning with its broader strategy of integrating both Bitcoin and gold into its reserve backing for USDT, noted CoinGape.

The deal also includes an option agreement with AlphaStream Limited to purchase an additional 34.4 million shares after October 29, 2025, subject to approval, setting the stage for Tether to potentially consolidate further in the gold royalty space.

Gold and Bitcoin form dual inflation hedge

Tether CEO Paolo Ardoino confirmed that the firm has already acquired 50 tons of physical gold and 100,000 BTC, showcasing what he calls a “timeless strategy” for building a decentralized financial system with ultimate resilience and transparency.

Ardoino highlighted that gold stands as a tested asset over eons, and Bitcoin is a hedge in today’s world against monetary debasement. By investing in Elemental Altus, a royalty company that benefits from gold production without the direct risk of mining, Tether secures stable gold exposure without operational volatility.

Tether builds a diversified reserve ecosystem

This move expands on Tether’s diverse portfolio, which now includes Tether Gold (XAUT)—a gold-backed digital token—in addition to major holdings in Bitcoin.

This hybrid reserve strategy aligns with a broader institutional trend. In the past 12 months, institutions have favored assets capable of delivering at least 40% returns, and recently, Bitcoin surpassed gold in U.S. investor ownership for the first time.

Furthermore, Tether recently announced an open-source Bitcoin mining OS (MOS), showcasing its broader aim to influence the digital asset infrastructure. As central banks encounter renewed inflationary pressures, Tether appears to be strategically diversifying USDT’s reserves across key hard assets.