Tether Acquires Strategic Stake in Canadian Gold Royalty Firm

According to Foresight News, Tether has acquired a strategic equity stake in Elemental Altus, a publicly listed gold royalty company based in Canada. This move aims to integrate long-term stable assets like gold and Bitcoin into Tether's ecosystem. Tether purchased 78,421,780 common shares of Elemental, representing approximately 31.9% of the company's issued and outstanding shares. The transaction was completed through a private agreement conducted offshore.