Antalpha has acquired $134 million worth of Tether Gold (XAUT), purchasing it at an average price of $4,021.81. This acquisition reflects Antalpha’s strategic investment in cryptocurrency-backed assets. Tether Gold is a digital asset that is backed by physical gold, allowing users to hold gold in a blockchain format. The move is part of Antalpha’s broader effort to diversify its portfolio within the digital asset space. Acquiring Tether Gold may enhance liquidity and provide stability in volatile markets, making it an attractive option for investors.
