Tether said Tether Gold XAU₮ has reached a milestone for the gold industry, becoming the first publicly listed gold company structure to offer shareholders the option to receive dividends in tokenized gold.
Elemental Royalty Corporation announced that investors can elect to receive dividends denominated in XAU₮ rather than cash, linking traditional royalty payouts directly to blockchain-based gold ownership.
XAU₮ is backed by physical gold and enables holders to gain direct exposure to bullion while benefiting from digital transferability and settlement. Tether CEO Paolo Ardoino said the move represents a step toward integrating gold into modern financial distribution models through tokenization.
The announcement comes as precious metals consolidate following sharp rallies earlier this year.
Gold has been stabilizing around $4,500 to $5,000 since early February after reaching an all time high near $5,600 in late January. Silver, which previously topped around $120, has also pulled back. At press time, silver trades near $73, down 3.5% on the day, while gold sits around $4,900, lower by 2.8%.