Tether, Antalpha Seek $200M for Tokenized Gold Treasury Initiative

Tether and crypto miner lender Antalpha are seeking to raise at least $200 million for a new digital asset treasury vehicle focused on tokenized gold, Bloomberg reported Friday, citing people familiar with the matter. Key Takeaways: Tether and Antalpha are raising $200 million to build a tokenized gold treasury centered on XAUt. The initiative deepens their partnership as gold demand climbs and tokenized commodities gain traction. Tether continues expanding beyond stablecoins with strategic bets in m ...