While Bitcoin (BTC) is often described as digital gold, a tokenized goods offering direct exhibition to physical metal wins quietly.
At the end of the second quarter, Tether Gold (XAUT) – a tokenized asset issued by the Stablecoin supplier behind USDT – was supported by 7.66 tonnes of gold, according to the company’s latest certificate report. The reserve supports more than 259,000 XAUT tokens in circulation, giving the assets a total market value of more than $ 800 million.
The rise of the gold of the attachment reflects a broader increase in the demand of physical ingots, which has reached several records this year in the midst of renewed inflation concerns and the market discomfort led by the tariff agenda of the White House.
While many investors always prefer to hold physical gold, many institutions turn to its digital counterpart. This week, the Bitcoin cash (BTC) twenty one capital announced that its BTC assets had exceeded initial projections.
This week’s crypto-biz explores the momentum behind Tether Gold, the growing bitcoin reserves of Twenty One Capital, the expansion of tokenized finance on avalanche and recent securities and exchanges (dry) which could rationalize the launch of Crypto investment products.
Tether Gold sees continuous growth as ingots reach record heights
Tether Gold has increased his physical ingot reserves while demand for his Xaut token continued to grow in the first half, according to the latest BDO Italia certificate report. Xaut, which closely follows the market value of gold, jumped 40% in the past year.
Launched in January 2020, Xaut recently won land while investors are looking for protection against the discharge of currencies, persistent inflation and potential economic benefits of the price of the American president Donald Trump.
The appetite for gold extends beyond retail and institutional investors. According to the World Gold Council, central banks added more than 1,000 metric tonnes of gold in 2024, marking the third consecutive year that they exceeded this threshold.
Twenty-one one capital’s Bitcoin Holdings reaches 43,500 BTC
The Bitcoin Treasury Twenty One Capital company has widened its BTC participations, highlighting the institutional race in progress to accumulate what many consider the hardest asset in the world.
According to Bloomberg, the company supported by Cantor Fitzgerald received 5,800 additional BTC from Stablecoin Tether, bringing its total assets to around 43,500 BTC – approximately 1,500 BTC more than initially planned.
At current market prices, 21 -year -old bitcoin reserves are valued at more than $ 5.1 billion. Since its launch in April, the company has already become one of the three main Bitcoins of Bitcoins, in follow -up only of the strategy and Mara Holdings, according to industry data.
Avalanche gets Rwa Boost
Avalanche obtained an infusion of real assets of $ 250 million (RWA) after the institutional quality credit protocol announced that it allocated capital to two investment products Janus Henderson targeting the US Treasury and the guaranteed loan obligations (CLO), in partnership with Centrifuge.
The capital will be deployed in the Janus Henderson Anemoy Treasury Fund, an ONCHAIN fund managed actively offering exposure to T-TURISTS in the United States in the short term, and the Janus Henderson Anemoy AAA CLO FUND, which offers tokenized access to the CLO market.
Grove, supported by Steakhouse Labs and incubated by Sky (formerly Makerdao), aims to provide institutional credit strategies.
This decision underlines the growing momentum of Rwas on the avalanche blockchain, at a time when the domination of Ethereum in the RWA sector begins to erode.
Dry greenlights redemption in kind for cryptographic ETFs
The issuers of the American Cryptocurrency Exchange Fund (ETF) received an important regulatory victory this week, because the SEC has approved creations and redemptions in kind-a change that allows fund managers to exchange ETF actions directly for underlying cryptographic assets, rather than on species.
“This is a new day at the dry, and a key priority of my presidency is to develop a regulatory framework adjusted for the markets of cryptographic assets,” said the president of the dry, Paul Atkins, who described the change of rule as a decision that will make the ETF Crypto “less expensive and more effective”.
The updated buyout rules apply to Bitcoin ETF and ether (ETH), which were approved in 2024.
While the FNB Bitcoin have experienced strong entrances since the launch, the Etf Ethereum are now growing. Ishares ETF’s FNB of Blackrock recently exceeded $ 10 billion in active ingredients, reaching the milestone at the fastest third rate in the history of the American ETF.
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