Elemental Royalty Corporation becomes the first publicly listed gold company to offer dividends in Tether Gold (XAU₮)
Elemental Royalty Corporation plans to offer dividends in Tether Gold (XAU₮), making it the first publicly listed gold company to embrace this financial model. According to the company, this move showcases the potential of tokenized assets in modern finance by integrating traditional gold with digital financial infrastructure.
Tether Gold (XAU₮) is a digital asset representing ownership of one troy ounce of gold on a London Good Delivery bar. It is available as an ERC-20 token on Ethereum and a TRC20 token on TRON, bridging the gap between conventional gold value and digital finance.
“Gold has always been one of the most trusted stores of value in the world, yet integrating it directly into modern financial distribution models has been difficult,” said Paolo Ardoino, CEO of Tether. “Using XAU₮ for shareholder dividends changes that dynamic completely. This marks a major step forward for the gold industry and shows how tokenized assets can unlock new financial models that were previously out of reach.”
Elemental Royalty Corporation specializes in acquiring royalties from gold mining companies, providing investors with exposure to gold without the direct risks associated with mining. This new dividend initiative is expected to offer investors more direct exposure to gold, rather than cash equivalents.
This article was generated with the assistance of AI workflows.
Source: https://thedefiant.io/news/tradfi-and-fintech/elemental-royalty-corporation-offers-dividends-in-tether-gold
