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Tether and Antalpha are raising $200 million to create a gold-backed digital asset company

Tether and Antalpha Platform, which is tied closely to Bitmain, are trying to pull in $200 million from investors to launch a public vehicle that would hold tokenized gold. Per a report from Bloomberg, the plan is to create a digital-asset treasury company that will stockpile XAUt, the gold-backed token issued by Tether, while Bitmain [...]

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