Elemental Altus Royalties is a leading royalty and streaming company that provides mining sector financing in exchange for royalty streams or preferential purchase terms on precious metals. The deal offers Tether strategic access to the gold mining and royalty markets, supporting its vision to back digital assets with hard commodities.
In parallel, Tether has signed an option agreement with AlphaStream Limited and its subsidiary Alpha 1 SPV Limited to acquire an additional 34.4 million ELE shares, exercisable after October 29, 2025. This move could further cement Tether’s influence in the mining royalty industry if the option is executed.
Commenting on the deal, Tether CEO Paolo Ardoino stated: “Tether’s growing investments in gold and bitcoin are a part of our forward-thinking strategy to build a more resilient and transparent financial system. By accessing a diversified portfolio of gold royalties through Elemental, we reinforce the backing of our ecosystem while advancing Tether Gold and future commodity-backed digital assets. This is not just about investments — it’s about building financial infrastructure for the next century.”
The company’s move aligns with its product portfolio, including the XAUT stablecoin, which is pegged to the price of one troy ounce of gold and fully backed by physical reserves of over seven tonnes. With this investment, Tether secures direct exposure to the gold mining sector, creating an additional foundation for its commodity-linked digital assets.