Tether Is Trading and Storing Silver in Las Vegas “Physical silver belonging to a Tether affiliate is being stored within Gold.com’s network” Below
- Tether is expanding its involvement in precious metals beyond gold to include silver, storing and trading it through an affiliate at Gold.com's facilities in Las Vegas.
- This move signifies Tether's transition from passively holding bullion to actively using it for financing and liquidity functions, similar to traditional bullion market practices.
- The company's strategy now integrates physical ownership, financing, distribution, and tokenization, with significant financial exposure to Gold.com through precious metals leases and investments.
Topics: Asset types, Infrastructure providers, Integration with defi, Alternative assets, Tokenization platforms, Yield farming structured products
Tags: #tether #silver #gold #goldcom #preciousmetals #financing #leasing #tokenization #bullion #lasvegas
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