Exploring Tether’s Ambitious Venture into Digital Asset Treasury
In the rapidly evolving world of digital assets, Tether, the pioneering stablecoin company, is making significant strides toward expanding its influence. With the expertise of industry leaders and seasoned editors, this editorial delves into Tether’s recent strategic move to establish a digital asset treasury firm.
Unveiling Tether’s Strategic Initiative with Antalpha and XAUT
On October 3rd, a Bloomberg report revealed that Tether, in collaboration with financial services firm Antalpha Platform Holding, is spearheading a mission to secure a minimum of $200 million. This capital is intended to fund a digital asset treasury company with a focus on acquiring XAUT, Tether’s tokenized gold asset.
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Antalpha Platform Holding, closely linked to the renowned Bitcoin hardware supplier Bitmain Technologies, is a key player in this initiative. Bitmain, based in China, is reputed for supplying approximately 82% of the world’s cryptocurrency mining equipment, according to a study by the University of Cambridge Judge Business School.
Strengthening Industry Ties and Expanding Digital Asset Ventures
This capital-raising endeavor is set to fortify the collaboration between two of the crypto industry’s giants, highlighting a growing trend toward digital asset treasury firms. With over 80 such companies launching in 2025 alone, this venture aligns with the industry’s momentum.
Cohen & Company, serving as the lead advisor for this venture, maintains discretion in ongoing discussions. While many involved parties refrained from commenting, Tether referenced an announcement on social media platform X in collaboration with Antalpha.
Integrating Tether Gold into Real-World Assets Hub
The announcement on platform X disclosed Antalpha’s plans to incorporate Tether Gold into its Real-World Assets (RWA) Hub. This integration will facilitate tokenized gold-backed lending and infrastructure solutions. Additionally, Antalpha aims to establish physical vaults in major financial centers globally, enabling token holders to exchange them for tangible gold bars.
This strategic move follows Tether’s acquisition of an 8.1% stake in Antalpha during its IPO in May 2025, underscoring their commitment to advancing digital asset solutions.
The Growing Influence of Tether Gold
Launched in 2020, Tether Gold provides investors with exposure to gold without the need for physical possession. With a market capitalization nearing $1.5 billion, Tether asserts that its nearly 250,000 circulating XAUT tokens are backed by over 7.66 tons of gold, reinforcing the asset’s stability.
USDT: Dominating the Stablecoin Market
Simultaneously, Tether holds the title of the largest dollar-backed stablecoin, ranking as the fourth-largest digital asset in the cryptocurrency market. With a market capitalization exceeding $175 billion, USDT continues to dominate the stablecoin sector.
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