Can Tether’s Tokenized Gold DAT Be the Next Big Thing? Here’s What We Know!

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Digital asset treasury (DAT) firms are the latest “it” thing of 2025. You know, because apparently, Bitcoin and Ethereum are so 2022. Now everyone’s eyeing the shiny buffet of altcoins. And guess who’s hopping on this bandwagon? Tether and Antalpha-yep, the Bitmain-associated cool kids-are allegedly working on a DAT that’s going to be packed with Tether’s gold-backed token, XAUT.

Is Tether about to turn gold into crypto? XAUT DAT Could Be a Gamechanger

Hold your horses, because word on the street-courtesy of some unnamed sources whispering in Bloomberg’s ear-says that Tether and Antalpha are aiming to raise around $200 million to launch their shiny, glittering new DAT project. Tether, the undisputed heavyweight champion of stablecoin issuance, is teaming up with Antalpha, a fintech wiz that’s known for being the big shot in supply chain financing and Bitcoin-backed loans. What could go wrong?

Now, according to the ever-reliable “people familiar with the matter” (who are clearly keeping their names off the record for safety reasons), the plan is to fill this DAT with Tether’s gold-backed cryptocurrency token, XAUT. With a market cap sitting at a not-so-modest $1.45 billion, XAUT is the reigning heavyweight champ of gold-backed tokens, leaving Paxos’ PAXG token in the dust with its $1.16 billion valuation. It’s like the gold standard, but cooler-and digital.

Here’s where it gets even more interesting: “Sources” (who’ve clearly mastered the art of being mysterious) told Bloomberg that Cohen & Co. is playing the role of lead advisor on this deal. Now, let’s be real, tokenized gold might be ruling the roost when it comes to real-world assets linked to commodities, but it’s still not exactly a household name-certainly not in the same way that its fiat-backed cousins are ruling the world of digital finance.

But here’s the kicker: A DAT backed by tokenized gold could stir up some serious interest in crypto gold-especially since the actual precious metal is shining brighter than ever this year. Imagine, a treasury that’s NOT packed with Bitcoin, Ethereum, Dogecoin, or Solana (yawn)-but gold. REAL gold, digitally transformed into its crypto counterpart. A bold bet that mixes ancient wealth with cutting-edge tokenized finance. The market? It’s going to be watching this move closely, popcorn in hand.

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2025-10-06 20:48