Tether Gold Market Cap Surpasses $800 Million as Physical Bullion Hits Record Highs

Key Points

1. Tether Gold (XAUt) is a tokenized asset backed by physical gold, with 7.66 tons of bullion supporting over 259,000 tokens in circulation.

2. Twenty One Capital increased its Bitcoin reserves to approximately 43,500 BTC, exceeding initial projections by 1,500 BTC.

3. Avalanche secured a $250 million capital infusion for real-world assets (RWA), targeting US Treasurys and collateralized loan obligations (CLOs).

4. The SEC approved in-kind creations and redemptions for crypto ETFs, improving efficiency for Bitcoin and Ether spot ETFs.

5. BlackRock’s iShares Ethereum ETF surpassed $10 billion in assets, one of the fastest paces in US ETF history.