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Gold · CanadaStablecoin issuer Tether's investment arm has taken a minority stake in Elemental Altus (ELE), a publicly-listed precious metals investment company.Tether Investments is aiming to diversify the assets that back its stablecoin USDT, the world's largest such token with a market capitalization of $155 billion, expanding into tangible assets and precious metals, according to an announcement on Tuesday.Tether acquired 78,421,780 common shares in Elem…See the Story
Tether Takes Minority Stake in Gold-Focused Investment Company Elemental Altus
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