Antalpha XAUT Position Loses $50M in Unrealized Gains
Bitmain-backed Antalpha holds $241M of Tether's gold token at a $3,693 average, and gold's pullback has clipped what briefly looked like a $100M paper profit down to roughly half.
Tether Gold (XAUT) is a digital token that provides direct exposure to physical gold, with each token representing ownership of one troy fine ounce of gold tied to a specific gold bar. The token is available in two on-chain formats: as an ERC-20 token on the Ethereum blockchain and as a TRC-20 token on the TRON blockchain, allowing it to be transferred to any compatible on-chain address from a user's Tether wallet. A defining characteristic of XAUT is its structure as a tokenized real-world asset, sitting at the intersection of commodity-backed tokens and blockchain-based ownership. The underlying physical gold is held in a vault in Switzerland under Tether's direct control, with the project emphasizing security practices and anti-threat measures to safeguard the reserves. XAUT also distinguishes itself by not charging ongoing custody fees, a feature that sets it apart from comparable gold-backed token products. As part of the broader Tether ecosystem, XAUT is categorized within tokenized commodities, tokenized gold, and the wider real-world assets (RWA) movement, offering a blockchain-native way to hold ownership rights in physical gold.
Bitmain-backed Antalpha holds $241M of Tether's gold token at a $3,693 average, and gold's pullback has clipped what briefly looked like a $100M paper profit down to roughly half.
The move deepens a Tether-Ledn relationship that started with a strategic investment in November 2025, and turns a tokenized bullion asset into usable loan collateral on a book that has originated…
The shutdown is small in dollar terms — aUSDT's $1.27M cap is a rounding error against USDT — but it continues Tether's pattern of pruning peripheral stablecoins to concentrate on its core dollar…
Bybit has launched options trading on Tether Gold (XAUT), the first time a top-tier crypto exchange has brought gold…
Grok AI, Elon Musk's xAI assistant, is projecting a year-end 2026 gold price of $5,500 to $6,500, implying a 26% to 49%…
Tether is rolling out a Visa card that rewards holders in XAUT, its tokenized gold token, marking one of the first…
The prediction rides a structural bid — 800+ tonnes of annual central-bank buying plus ETF inflows and constrained mine supply — that the model says survives even a triple-threat bear case.
The filings broaden beyond product names to the company brand and Tether Gold (XAUT) — a scope industry observers read as preparation for a local Korean branch.
PAXG and XAUT cleared $90.7B in a single quarter — a setup that turns tokenized gold from a niche reserve trade into a structural allocation leg on its own.
A crypto whale identified by the address 0xAFa5 deployed $7.15 million in USDC to acquire 1,515.5 XAUT tokens at $4,720…
Tokenized Treasuries crossed $10B and gold tokens (XAUT, PAXG) printed $90.7B in Q1 spot volume — bigger than all of 2025. The RWA sector is no longer a sandbox.
Abraxas Capital deposited 4,835 BTC — worth approximately $378 million — to Kraken within the past hour, in one of the…
Each XAU₮ token represents ownership of one troy fine ounce of physical gold on a specific gold bar.
Tether Gold (XAUT) is categorised as: Tokenized Assets, Tokenized Gold, Ethereum Ecosystem.
The official Tether Gold site is https://gold.tether.to/.
Most recent Tether Gold coverage: "Antalpha XAUT Position Loses $50M in Unrealized Gains" — read at /en-US/a/antalpha-xaut-position-loses-50m-in-unrealized-gains.