Crypto company Tether has acquired a significant stake in Elemental, a publicly traded gold royalty and streaming firm, deepening its commitment to real-asset backed financial products. This move marks a strategic shift towards diversified investments in physical assets as part of their overall financial resilience strategy. 📚 The company acquired approximately 78.4 million common shares of Elemental via a private transaction. Tether now holds a substantial stake (31.9%) in the firm, granting them significant influence in its operations and decisions. 📈 This investment complements Tether’s existing holdings in Bitcoin and physical gold. The deal also includes an option for Tether to purchase additional shares of Elemental, subject to regulatory approval, which highlights their long-term vision for this investment.