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While bitcoin (BTC) is often described as digital gold, a token commodity offering direct contact for physical metal is quietly receiving traction.
By the end of the second quarter, Tather Gold (XAUT) – a token property issued by the StableCoin provider behind the USDT – 7.66 tonnes of gold was supported for the latest report of the company. The reserve supports more than 259,000 xaut tokens in the circle, causing the total market value of the property to be more than $ 800 million.
The rise of Tithi Gold reflects a widespread growth in fysical bullion, which has hit several record heights this year, which is between the agenda due to the worries of fresh inflation and the market.
While many investors still prefer to keep physical gold, many institutions are turning to its digital counterpart. This week, Bitcoin (BTC) Treasury Company Twenty One Capital announced that its BTC holdings have encouraged the initial projects.
This week’s Crypto Biz examined the speed behind the growing bitcoin reserve of Tather Gold, Twenty One Capital, expanding token finance approval which streamline the launch of crypto investment products.
Tither Gold saw the continuous growth because the bullion hit record high
Tedhar Gold has increased its physical bullion reserves as XAUT continues to be closed in XAUT, which shuts down the gold market value, with an increase of 40% in the last one year.
Launched in January 2020, XAUT recently received significant traction as investors want currency debates, percentage inching and potential economic France Frees Freed Agenda.
Gold hunger extends beyond retail and institutional investors. For the World Gold Council, the central banks added more than 1,000 metric tons of gold in 2024, marking the third cultural year, they crossed the threshold.
Bitcoin Holdings of Twenty One Capital reaches 43,500 BTC
Bitcoin Treasury firm Twenty One Capital has expanded its BTC holdings, which outlines the institutional race to accumulate to see the ongoing institutional race as the world’s most difficult property.
Casable for Bloomberg, Cantor Fitzerld – Supported Company received 5,800 BTC from Stabecoin Issuer Ther, which led to the total holdings about 43,500 BTC – 1,500 BTC initially launched in launch.
In current market prices, twenty -one bitcoin reserves of a capital are more than $ 5.1 billion. Since it is an April launch, the company is already one of the top three corporate bitcoin holders, which is only leading the strategy and kill holdings according to industry data.
An avalanche gets RWA boost
Avalanche has obtained a $ 250 million real -world property (RWA) infusion treasury and collateral debt obligation (CLOSE) in partnership with centrifge.
Capital will be deployed in the Janus Henderson Animoy Treasury Fund, which provides an actively managed onchen Fund short-trikum US T-Bill, and the Janus Handson Animoy AneMoi AAAAAI Funds, providing access to tokens in the CLO market.
Grove, supported by Stechouse Labs and incubated by Sky (East Mardao), aims to bring institutional credit strategies.
This step under the increasing speed of RWAS on avalanche blockchain, at a time when the dominance of the atherium in the RWA region is ending.
SEC Greenlights In-Rogs For Crypto ETF
The US Cryptocurrency Exchange-Trade Fund (ETF) issuers won an important regulator this week, as the first accepted in-in-the-class works and the redemption-one channel said the aluS fund managers are made for the underlined crypto assets to exchange ETF stocks, rather thanks to the underlined crypto assets.
SEC President Paul Atkins said, “This is a new day in SEC, and a major priority of my presiding Crypto is re-launching a fit-for-post regulatory structure for the Associate Markets,” said SEC President Paul Atkins, who turned the rule change as a step, which will make the rules change as a step. ,
Bitcoin and Ether (ETH) spots updated redemption rules for both ETFs, which were approved in 2024.
While Bitcoin ETF has enjoyed strong flows since the launch, Atherium ETFs are now gaining momentum. Blackrock’s Ishares Ethereum ETF recently crossed $ 10 billion in property, which reached the third fastest milestone in the US ETF history.
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