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Tether Altus Investment Expands Into Gold With $100M Deal
Tether Altus Investment Expands Into Gold With $100M Deal
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BTCCSquare news:
Tether Altus Investment has positioned itself deeper into the metals market with a $100 million investment in gold. The MOVE significantly increases its stake in Elemental Altus Royalties Corp., a Canadian firm specializing in royalty interests.
The strategic allocation underscores growing institutional interest in hard assets as a hedge against macroeconomic uncertainty. Gold's historical role as a store of value appears to be attracting crypto-adjacent capital seeking diversified exposure.
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