Tether is investing into Anchorage Digital and Gold(.)com.
Tether is continuing to drive forward its corporate investments arm of the business, with $100M committed to the issuer of its USAT stablecoin – Anchorage Digital – and a further $150M into Gold.com – an online bullion and precious metals marketplace.
Anchorage Co-founder and CEO Nathan McCauley expressed:
We’ve believed from day one that digital assets would only scale through secure, regulated foundations. This alliance reflects shared conviction in that approach—and gives us even more momentum as we continue building critical financial infrastructure for stablecoin issuance and the next era of markets.”
This is not the first time the Tether Investments strategy has been to strengthen its alliances with existing partners. Notably last year, it doubled down on its partnership with Rumble, having invested and acquired more shares of the growing YouTube competitor.
Tether CEO Paolo Ardoino expressed:
Our investment in Gold.com reflects a long-term belief that gold should be as accessible, transferable, and usable as modern digital money, without compromising on physical backing or ownership.”
Additionally, Tether has revealed that as part of the $150M it allocated towards Gold(.)com (previously A-Mark Precious Metals), it acquired a 12% stake into the platform – meaning that it now has direct access to information on wholesale bullion trades and global sellers.
The company is now supporting Gold(.)com not just because of big moves in the gold and silver markets, but also reviewing options for its XAUT gold-backed stablecoin, issued under TG Commodities in El Salvador and held in Switzerland custody vaults.
