Antalpha, the fintech platform that serves the Bitcoin mining ecosystem, announced that it plans to invest $40 million into Tether Gold as a hedge against economic volatility.
According to its recent press release, Antalpha aims to diversify its holdings in the face of macroeconomic volatility by investing in Tether (USDT)’s digital gold token, XAUt (XAUT).
The platform chose the token because of its gold-backed value that is believed to be suitable for institutional asset allocation, particularly its ability to withstand crypto market cycles and support different financial applications.
Therefore, the company plans to allocate as much as $40 million from its portfolio into XAUt by June 30, 2026. The Tether-issued token is poised to be the Bitcoin (BTC) mining platform’s “cornerstone collateral asset” within its loan structure.
As part of its ongoing investment strategy, Antalpha plans to acquire more digital assets like XAUt in the long run to obtain funding for its lending operations.
At press time, Tether Gold has gone down by 0.9% in the past 24 hours, mirroring the price fluctuation of real gold assets. The token is currently trading hands at $3,275. It has accumulated a market cap of $807 million and a daily trading volume that stands at $32 million.
Additionally, Antalpha plans to launch a new portal on its website that would provide real-time market information on XAUt and its underlying physical gold assets.
Aside from accepting Bitcoin and other mining collateral for crypto financing, the platform will also start accepting XAUt and GPU for AI compute as collateral loans. Moreover, Antalpha also plans to expand its margin loan offering through its partnership with Northstar to include Ethereum (ETH) margin loans on the Antalpha Prime platform.
Chief Financial Officer of Antalpha, Paul Liang, said that its new “digital gold” strategy aims to fulfill its clients’ diverse needs and spearhead the digital asset financing industry by expanding on its institutional-grade lending solutions.
“We are building Antalpha for the long term, with transparency, prudence and risk management at the core,” said Liang.
Last April, Tether’s latest attestation report showed that the company had accumulated more than 7.7 tons of physical gold to back its tokenized asset, Tether Gold. The stablecoin issuer claimed that every XAUt token is backed by pure physical gold.
