Tether, the company behind the world’s largest stablecoin, has been buying physical gold at a pace of up to two tons a week as it builds one of the world’s largest bullion stockpiles. The company’s CEO, Paolo Ardoino, told Bloomberg that Tether intends to continue purchasing gold at that rate for at least the next few months. At current prices, that equates to more than $1 billion in buys every month. The purchases are delivered to a high-security former nuclear bunker in Switzerland, which Ardoino desc ...

Group 1 - Gold's price has surged 70% over the past year, marking its strongest performance in nearly 50 years, leading to increased demand for exposure to the metal, particularly in tokenized forms [1] - Tokenized gold trading reached $178 billion in 2025, with $126 billion occurring in the last quarter, surpassing most traditional gold ETFs except for SPDR Gold Shares (GLD) [2] - If tokenized gold were classified as an ETF, it would rank as the second-largest by trading volume [3] Group 2 - Tether's XAUT accounted for 75% of the fourth-quarter trading volume in the tokenized gold market, which saw a market capitalization increase of 177% to over $4.4 billion [4] - Retail demand is a significant driver for tokenized gold, allowing fractional ownership and no minimum investment, thus enabling broader participation, especially in emerging markets [5] - Gold's price recently hit $4,750, with expectations of reaching $5,000 as capital shifts towards defensive assets amid renewed tariff concerns [6]

Core Viewpoint - Aurelion Inc. has announced an at-the-market equity offering sales agreement to sell up to $500 million of its Class A Ordinary Shares [1][2]. Group 1: Offering Details - The ATM Shares will be sold at or related to prevailing market prices, with parameters set by Aurelion regarding the number of shares, sale dates, and pricing limits [2]. - Aurelion is not obligated to sell any ATM Shares under this program [2]. - The sales agents for this offering include Cantor Fitzgerald & Co., Yorkville Securities, LLC, Canaccord Genuity LLC, and Cohen & Company Capital Markets [3]. Group 2: Agreement Terms - The ATM Sales Agreement will terminate upon the sale of all ATM Shares or as per the terms outlined in the agreement [4]. - The shares will be issued under Aurelion's Registration Statement on Form F-3, which was filed with the SEC and became effective on December 23, 2025 [5]. Group 3: Company Overview - Aurelion is recognized as NASDAQ's first Tether Gold (XAU) Real World Asset company, focusing on tokenized gold, which combines the stability of physical gold with blockchain efficiency [7]. - The company aims to provide investors access to tokenized gold reserves, serving as a hedge against inflation, currency devaluation, and crypto volatility, while also offering wealth and asset management services [7].

Core Insights - Tether has launched Scudo, a new unit of account for Tether Gold (XAUT), aimed at enhancing the pricing, transfer, and usability of gold in everyday transactions as global gold prices and demand reach record highs due to inflation concerns and central bank buying [1][2] Group 1: Scudo's Functionality - Scudo represents one-thousandth of a troy ounce of gold, creating a smaller and more intuitive denomination for XAUT, similar to how Bitcoin uses satoshis [4] - By using Scudo for transactions instead of fractional ounces, users can price goods and services more naturally, improving gold's viability as both a store of value and a medium of exchange [5] - Scudo does not change the backing or structure of XAUT, which remains fully collateralized by physical gold, but provides a more accessible measurement layer as adoption increases [8] Group 2: Market Context and Infrastructure - Gold has seen a resurgence as a protective asset against inflation and macroeconomic volatility, with its usability as a medium of exchange declining since the shift to fiat currencies [2] - Tether's introduction of Scudo is part of a broader infrastructure initiative, including a technology layer for developers to create self-custodial wallets supporting XAU₮, other stablecoins, and Bitcoin [6] - Tether's CEO, Paolo Ardoino, emphasized that Scudo lowers barriers to entry for gold ownership and transactions, addressing user experience challenges in the digital asset industry [7]

Core Insights - Tokenized gold, particularly Tether's XAUT, is emerging as a defensive asset within digital portfolios, showing signs of durability into 2026 [2] - Large holders, or "whales," are increasingly accumulating tokenized gold, indicating a shift from opportunistic retail flows to institutional-scale positioning [4][6] Whale Accumulation - Recent blockchain activity reveals significant purchases by high-net-worth wallets, with one whale spending $8.49 million to acquire 1,948 XAUT at an average price of $4,357 [3] - Another group of six linked wallets purchased 3,102 XAUT for approximately $13.7 million at an average price of $4,422, further emphasizing the trend of whale accumulation [4] Market Context - The shift towards tokenized gold is occurring amid rising geopolitical tensions, which typically increase demand for safe-haven assets [9] - The appeal of XAUT lies in its structure, where each token represents ownership of physical gold while being fully transferable on-chain, combining real-world backing with crypto utility [9] Investment Trends - Some wallets that previously invested heavily in Bitcoin are now pivoting towards gold-backed tokens, indicating a strategic shift in asset allocation [5] - Current holders of XAUT are experiencing unrealized profits, reinforcing gold's role as a hedge against market volatility [6]

RT Ethprofit.eth 🦇🔊 (@Ethprofit)🚨JUST IN: Over $3.8 billion worth of tokenized Gold now sits on $ETH as Gold hits a new ATH!Ethereum is the home to digital gold https://t.co/sXEVgVxnIw ...

RT charles (csl) ᛋ (@CharlieStLouis)There's ~$3.71B worth of tokenized gold on @ethereum.The tokenized gold market is up ~55% since Sep 6th. ...

Store of Value & Payment Asset Debate - The core debate revolves around whether Bitcoin or tokenized gold serves as a superior store of value and payment asset [1] - Peter Schiff advocates for tokenized gold, highlighting its blockchain transferability combined with "real" backing and lower volatility [1] - CZ champions Bitcoin, emphasizing its trust-minimized design, global liquidity, and borderless portability as long-term advantages [1] Key Discussion Points - The discussion encompassed verification processes and custody trust assumptions related to both Bitcoin and tokenized gold [1] - The debate also touched upon whether the use of crypto cards qualifies as "paying with crypto" [1]

@21shares @Gemini @iTrustCapital More Crypto Things You Might Have Missed:-@realannapaulina vs Liz Warren on CBDCs-Congress urges SEC Chair to allow #Bitcoin + crypto in 401ks-Tokenized Gold and Silver outperformGet $100 with ITRUST ➡️https://t.co/s6cb1dPympCATCH THE REPLAY➡️ https://t.co/9MhR3o4eLf https://t.co/mUI7NQhgqv ...

CZ pulls out a gold bar to debate 'Godfather of Gold' Peter Schiff: Which asset is the right wealth for the 21st century?At the Binance Blockchain Week on December 3rd, Binance founder CZ and "Gold Standard Bearer" Peter Schiff debated "Bitcoin vs. Tokenized Gold."CZ argued that tokenized gold's transferability is superior to physical gold. To prove his point, CZ dramatically produced a one-kilogram physical gold bar on stage, challenging Schiff on its authenticity and ease of transport. CZ concluded that a ...