Tether acquired a $150 million stake in Gold.com.

Tether aims to expand the distribution of the gold-backed token XAUT by purchasing a %12 stake in Gold.com (GOLD). This move comes as the tokenized gold market exceeds $5 billion. Rising gold prices are also a significant factor supporting this growth.

On the other hand, Tether has also invested in the US-regulated crypto bank Anchorage Digital. With this investment, steps are expected to be taken to strengthen Tether's regulated stablecoin USAT in the United States.