Tether Acquires Stake in Elemental Altus Royalties: Expanding Gold Investment Portfolio

Tether has made a significant move by acquiring a substantial stake in Elemental Altus Royalties Corp., signaling a strategic shift towards integrating real-world gold assets within the cryptocurrency sphere. This transaction, valued at CAD 121.55 million, signifies Tether’s growing interest in the tangible asset market and its commitment to long-term growth. Tether Investments, known for their stablecoin USDT, is venturing into the world of real-world assets with this acquisition, further solidifying their position within the financial landscape.