Bitfinex Shakes Up Crypto Markets with XAUT0 Integration on The Open Network

Bitfinex just dropped a bombshell—gold-backed crypto just got a major upgrade. The exchange announced full support for XAUT0 (Tether Gold) on The Open Network (TON), merging decentralized efficiency with the stability of physical gold. Traders now get the best of both worlds: crypto’s speed and gold’s age-old 'safe haven' rep. Who said you can’t have your digital cake and eat it too?

Why This Matters: TON’s scalability meets XAUT0’s zero-counterparty risk—a match made for institutional players dipping toes into crypto. No more choosing between volatility hedges and blockchain’s 24/7 markets. Bitfinex isn’t just adding a token; it’s bridging two financial eras.

The Fine Print: Skeptics might call this another ‘gold rush’ gimmick—but with TON’s transaction speeds undercutting legacy finance, even Wall Street’s gold-hoarding dinosaurs might take notice. Pro tip: Watch how fast ‘physical’ gold goes fully on-chain now.

Bitfinex, a leading platform in digital asset trading, has announced support for deposits and withdrawals of XAUT0 on The Open Network (TON). XAUT0, a tokenized gold product, aims to expand the accessibility of digital gold through TON's high-performance, interoperable blockchain infrastructure, according to Bitfinex's media release.

Integration with The Open Network

The integration allows Bitfinex customers to utilize the TON transport LAYER for XAUT0 transactions. The Open Network is a high-throughput blockchain designed to support a decentralized internet, enabling secure, low-cost, and scalable transactions across a growing ecosystem. With its capability to handle millions of transactions per second, TON aims to reach hundreds of millions of users globally.

Benefits for Bitfinex Users

The addition of XAUT0 on TON enhances users' ability to MOVE tokenized gold across networks, leveraging TON's efficiency and interoperability. Bitfinex customers can convert between XAUT0 and XAUT at a 1:1 ratio using the platform's Currency Conversion tool. This feature underscores Bitfinex's commitment to offering flexible options for managing and transferring digital assets.

Strategic Expansion

Anoush Bhasin, Head of Listings at Bitfinex, stated, "Integrating XAUT0 with The Open Network reflects our commitment to expanding access to tokenized assets and supporting the development of decentralized financial infrastructure." This strategic move aligns with Bitfinex's vision of supporting the evolving blockchain ecosystem and offering innovative solutions to its clientele.

Operational Details

Deposits and withdrawals for XAUT0 on TON became available at 10:00 AM UTC on July 14, 2025. It's important to note that XAUT0 is not directly issued or redeemable by Tether. Interested users can access XAUT0 through Bitfinex by visiting their official website.

About Bitfinex

Founded in 2012, Bitfinex provides state-of-the-art services for traders and global liquidity providers. The platform offers access to peer-to-peer financing, an OTC market, and margin trading for a wide selection of digital tokens. Bitfinex focuses on supporting experienced traders and liquidity providers worldwide.

• bitfinex
• xaut0
• the open network
• blockchain