Based on Criptonoticias, Tether has become the world's largest gold investor outside of central banks, holding 116 tons of gold, according to a Jefferies report. The company's gold purchases in the last quarter accounted for nearly 12% of central banks' total gold buying and pushed gold prices to new highs. Tether plans to acquire 100 tons of gold by the end of 2025, citing the growing importance of tokenized gold. The firm also holds a significant stake in Bitcoin, which it views as having similar value properties to gold.
Tether Becomes World's Largest Gold Investor, Buys 116 Tons
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