Tether Investments购买了黄金皇室公司的股份，以加深接触耐用资产

随着稳定剂的成熟，超出了加密本地的根源，Tether对资产支持的基础设施做出了明显的枢纽。

Key Takeaways

关键要点

* As stablecoins mature beyond their crypto-native roots, Tether is making a clear pivot toward asset-backed infrastructure.

*随着稳定的根源超出其加密本地根的成熟，Tether对资产支持的基础设施做出了明显的枢纽。

* Its latest investment signals growing interest in blending traditional commodities with blockchain-based finance as the company deepens its exposure to gold through a significant equity deal with a Canadian royalty firm.

*它最新的投资信号越来越多地将传统商品与基于区块链的财务融合在一起，因为该公司通过与加拿大皇室公司的大量股权协议加深了其黄金的敞口。

* After investing heavily in Bitcoin, the world’s leading cryptocurrency, over recent years, Tether has been diversifying its portfolio to include other durable assets.

*在近年来，在全球领先的加密货币（全球领先的加密货币）进行了大量投资之后，Tether一直在使其投资组合多样化，以包括其他耐用资产。

Tether Acquires Major Stake in Gold Royalty Firm

Tether收购了黄金版税公司的主要股份

Part of the Tether Group, Te La Mancha Integral (LMI), has acquired a major stake in Elemental Altus Royalties a Canadian-listed gold royalty firm.

系绳集团的一部分，Te La Mancha Integral（LMI），已向Elemental Altus特许权使用费获得了一家加拿大上市的黄金版税公司的主要股份。

This move deepens Tether’s broader strategy of integrating durable assets like gold and Bitcoin into its ecosystem to support a more resilient, decentralized financial infrastructure.

这一举动加深了Tether的更广泛的策略，即将黄金和比特币等持久资产整合到其生态系统中，以支持更具弹性，分散的金融基础设施。

The company, led by Paolo Ardoino, acquired 78.4 million Elemental shares—around 31.9% of its capital—from La Mancha Investments in a private offshore deal.

该公司由Paolo Ardoino领导，收购了7840万股股票（占其资本的31.9％），从La Mancha投资以私人海上交易。

The investment provides Tether with direct exposure to global gold production through Elemental’s royalty-based model, which avoids the operational risks of mining.

这项投资通过基于Elemental的特许权使用费模型直接接触全球黄金生产，这避免了采矿的运营风险。

Elemental holds a diversified portfolio of 44 gold and silver royalties and streams in tier-one mining jurisdictions, offering passive exposure to a collective mineral reserve of over 26 million ounces of gold.

Elemental拥有多元化的投资组合，包括一级采矿司法管辖区的44款黄金和白银特许权使用费和溪流，可被动地接触超过2600万盎司黄金的集体矿产储备。

After investing heavily in Bitcoin, the world’s leading cryptocurrency, over recent years, Tether has been diversifying its portfolio to include other durable assets.

在近年来，Tether对世界领先的加密货币进行了大量投资后，Tether一直在多元化其投资组合，以包括其他持久资产。

Earlier this year, the company announced plans to develop an advanced commodity-backed digital asset at the World Economic Forum.

今年早些时候，该公司宣布了计划在世界经济论坛上开发高级商品支持的数字资产。

At the time, Ardoino said: “We are exploring opportunities to expand our tokenized commodity offerings, building upon the success of Tether Gold.”

当时，阿多利奥说：“我们正在探索基于绳质黄金的成功，扩大令牌商品产品的机会。”

Tether also signed an option agreement with AlphaStream and its subsidiary Alpha 1 SPV, granting it the right, but not the obligation, to purchase 34.4 million more shares.

Tether还与Alplastream及其子公司Alpha 1 SPV签署了期权协议，并授予该协议的权利，但没有义务购买3440万股。

This option is valid for a period of 24 months and is exercisable at an agreed-upon price of $1.05 per share.

此选项有效期为24个月，可以以每股1.05美元的约定价格行使。

“Elemental is a natural fit for our investment strategy, offering a unique and diversified portfolio of gold royalties that align perfectly with our aim to strengthen the backbone of asset-backed digital finance,” said Ardoino.

Ardoino说：“ Elemental是我们的投资策略的自然契合度，提供了独特而多元化的黄金特许权使用费投资组合，与我们的目标完全相吻合，以增强资产支持的数字融资的骨干。”

“We may also explore closer collaboration with Elemental’s board and management, subject to regulatory approvals.”

“我们还可以探索与Elemental的董事会和管理层的紧密合作，但要获得监管批准。”

Building the Future of Digital Finance

建立数字金融的未来

Tether’s growing exposure to “hard” assets includes over 100,000 BTC, nearly 80 tons of physical gold, and its gold-backed token, Tether Gold (XAUT).

Tether对“硬”资产的暴露量不断增长，包括100,000多个BTC，将近80吨的实物黄金以及其金色的代币，Tether Gold（XAUT）。

“Tether’s growing investments in gold and Bitcoin reflect our forward-looking strategy to build a more resilient and transparent financial system,” said Ardoino.

Ardoino说：“系特特（Tether）对黄金和比特币的投资不断增长，反映了我们建立更具弹性和透明金融体系的前瞻性战略。”

“Just as Bitcoin provides the ultimate decentralized hedge against monetary inflation, gold continues to be a time-tested store of value.”

“正如比特币提供了针对金钱通货膨胀的最终分散对冲一样，黄金仍然是经过时间考验的价值存储。”

“By gaining exposure to a diversified portfolio of gold royalties through Elemental, we are strengthening the backing of our ecosystem while advancing Tether Gold and future commodity-backed digital assets. This is not just about investment—it’s about building financial infrastructure for the next century,” the Tether chief explained.

“通过通过元素获得多样化的黄金特许权使用费，我们正在加强生态系统的支持，同时推进绳质黄金和未来商品支持的数字资产。这不仅仅是关于投资，而是关于为下世纪建立金融基础设施的投资。”

The investment follows a period of rapid innovation for Tether as it expands beyond its flagship stablecoin, USD₮, to include a broader suite of Web3 financial products and services.

这项投资是在Tether的一段快速创新之后，因为它超越了其旗舰Stablecoin，USD₮，其中包括更广泛的Web3金融产品和服务套件。

Earlier this year, Tether announced two other strategic investments to expand stablecoin adoption in emerging markets, backing Shiga Digital in Africa and Orionx in Latin America.

今年早些时候，Tether宣布了另外两项战略投资，以扩大新兴市场中的Stablecoin采用，支持非洲的Shiga Digital和Latin America的Orionx。

Shiga Digital provides blockchain-based financial services—such as virtual accounts, OTC trading, treasury, and FX solutions—tailored to African businesses.

Shiga Digital提供了基于区块链的金融服务，例如虚拟帐户，OTC交易，财政部和FX解决方案，可用于非洲企业。

Powered by USD₮, the platform helps address long-standing challenges in cross-border payments and financial access, especially in sectors like oil and gas.

该平台由美元提供支持，有助于应对跨境支付和财务通道的长期挑战，尤其是在石油和天然气等领域。

The partnership aims to bring stable, real-world financial tools to underserved users across the continent.

该合作伙伴关系旨在将稳定的现实世界财务工具带给整个非洲大陆的服务不足的用户。

Ardoino added: “Shiga’s deep understanding of the local market and its commitment to technological innovation make it an ideal partner for expanding the role of stablecoins in driving economic growth and inclusion.”

Ardoino补充说：“ Shiga对本地市场的深刻理解及其对技术创新的承诺使其成为扩大Stablecoins在推动经济增长和包容中作用的理想合作伙伴。”

Tether also led the Series A round for Orionx , a Chilean crypto exchange with operations in Chile, Peru, Colombia, and Mexico.

Tether还领导了Orionx的系列赛，智利加密货币交易所在智利，秘鲁，哥伦比亚和墨西哥进行了运营。

Orionx provides stablecoin-powered services for remittances, payment collection, and treasury management—vital tools in a region hit hard by inflation and limited banking access.

Orionx为汇款，付款收集和国库管理提供了稳定的驱动服务 - 该地区的重要工具受到通货膨胀和有限的银行访问权限的命中。