Tether $150M Deal With Gold.com: Stablecoin Giant Wants to Own the Supply Chain
Yahoo Finance·2026-02-06 17:53

The obsession with gold continues: Tether, the stablecoin giant, is once again expanding its gold exposure. In a move that signals a major pivot toward hard assets, Tether has struck a definitive deal to invest 150millionintoGold.com.TheagreementbuysTetherapproximately12150 million into Gold.com. The agreement buys Tether approximately 12% of the precious metals giant and a seat on its board. But this isn’t just an isolated bet; it’s a strategic deployment of capital fueled by a fortress balance sheet that just reported over 10 billion in annual profits. For Te ...