Tether amplifies gold strategy with around $90 million stake in Elemental Altus

Tether has taken a new step in its long-term strategy of diversifying outside its primary stablecoin issuance business. On June 12, the USDT stablecoin issuer disclosed that it acquired an equity stake in Elemental Altus Royalties, a firm specializing in gold royalties. According to the firm, on June 10, it secured 78 source: https://cryptoslate.com/tether-amplifies-gold-strategy-with-around-90-million-stake-in-gold-royalties-company/