Tether Considers Gold Mining Investments
Date: 2025-09-08 Author: Oliver Abernathy Categories: BUSINESS
According to the Financial Times, Tether intends to invest in the gold mining industry, and investments could cover all stages - from the development of deposits and production to financing companies engaged in trading and acquisition of assets with subsequent receipt of royalties.
Sources claim that talks with several potential partners have already taken place, although not all have been successful. In particular, discussions with Terranova Resources ended without results, and the company itself has so far refrained from commenting.
Some industry representatives are wary of Tether's plans. According to one of the FT's interlocutors, the company may not have a clear strategy, and interest in gold is explained more by the attractiveness of the asset than a specific business plan.
At the same time, Tether continues to actively invest in related projects. Previously, the company invested $89 million in Elemental Altus, an organization that provides financing to gold mining companies in exchange for royalties and preferential terms for purchasing the metal. On September 4 of this year, Tether increased its stake in this partnership by investing another $100 million. The investment coincided with the merger of Elemental Altus and EMX.
It is worth noting that Tether already has experience working with gold. The company owns a significant amount of physical metal, which is used as collateral for the XAUT stablecoin. Thus, expanding investments in mining can be seen as a logical continuation of the strategy to strengthen its position in the gold market.
Now the attention of observers is riveted on what steps Tether will take in the future. The success or failure of the first deals will largely determine the attitude towards the company in the gold mining industry, where new players are traditionally wary.
In the meantime, it is obvious that Tether is trying to diversify its activities and strengthen its position outside the cryptocurrency market, betting on one of the most stable assets of the world economy - gold.
