Tether and Antalpha create a new DAT company, raising $200 million in XAUT gold stablecoin reserves.

Tether and mining loan company Antalpha have raised $200 million to create a digital asset treasury, promoting the gold-backed token XAU₮ as an institutional-grade hedging tool. (Background: The wealth code story hidden behind Tether's $500 billion valuation) (Additional background: Tether has spent $1 billion to buy 8,888 Bitcoins! Bitwise's chief investment officer: Tether is expected to become the world's most profitable company) Stablecoin giant Tether, along with strategic partner Antalpha, announced the joint fundraising of $200 million to create an exclusive "Digital Asset Treasury (Digital Asset Treasury, DAT)" in Switzerland, specifically for the acquisition and management of Tether's gold token XAU₮. Stablecoin leader Tether is making strides in the gold market. According to Bloomberg, Tether holds approximately 8.1% of Antalpha's shares; through this fundraising, they aim to position XAU₮ as "institutional-grade digital gold." XAU₮ was launched in 2020, with each token corresponding to one troy ounce of gold that meets the London Good Delivery standard, stored in Swiss vaults and assigned serial numbers for redemption at any time. Antalpha, originally a strategic partner of Bitmain, offers a full suite of services through their RWA Hub, including custody, purchase, collateralized lending, and physical redemption, allowing institutional investors to instantly deploy gold liquidity on-chain. The RWA craze ignites $200 million in fundraising. Amid inflationary pressures and geopolitical uncertainties, stable yields and hedging demand have increased the volume of asset tokenization. Wall Street analysts point out: the combination of digital and physical assets is becoming a guiding star for institutional investors to navigate through the fog of inflation. Currently, XAU₮ has a market capitalization of about $1.44 billion, making it the world's largest gold-backed stablecoin. Tether aims to enhance XAU₮ liquidity and expand market share through the centralized acquisition and management of DAT, further diversifying dependence on a single dollar stablecoin. Tether's gold strategy does not stop at reserves; Tether has announced investments in gold mining and royalty company Elemental Altus to ensure stable upstream supply. At the same time, XAU₮ plans to be deployed across multiple public chains such as Arbitrum, Polygon, and TON, supporting DeFi lending and liquid staking applications. Tether's CEO previously emphasized: we not only provide the convenience of digital currency but also deliver value across time and space. (referring to gold) As of this year, Tether's gold reserves have reached $8.7 to $9 billion, providing a solid backing for XAU₮. After the $200 million funding is in place, DAT will become the core hub of on-chain gold liquidity, assisting asset management companies, family offices, and exchanges in quickly obtaining verifiable physical gold exposure. Market observers believe that as tokenized gold achieves key breakthroughs in compliance and liquidity, RWA will move towards larger-scale practices. Related reports: Has Buffett, who has always been skeptical of gold, quietly bought in? Rich Dad: It means that a market crash is not far off. Why do Gen Z young people not buy gold and prefer to embrace the high volatility of Bitcoin? This article titled "Tether and Antalpha Create New DAT Company, Raising $200 Million for XAUT Gold Stablecoin Reserves" was first published in BlockTempo, the most influential blockchain news media.