Tether Lends $1.5 Billion to Gold.com in Precious Metals Financing
The financing underscores the growing financial relationship between Tether and Gold.com, which has expanded beyond an equity investment into gold leasing and other commercial arrangements.
Tether Accounts for Most Gold.com Leases
Gold.com reported $1.7 billion in outstanding precious-metal leases as of the end of June. Bloomberg reported that Tether accounted for the majority of that amount, making the stablecoin company a major creditor to the precious-metals dealer.
Gold.com’s annual report also showed that the company owed Tether about $1.45 billion in payables and advances at the end of June. The figures provide a view of the scale of the commercial relationship between the two companies.
Gold.com’s regulatory filings confirm that it entered into precious-metals leasing arrangements with Tether following the investment. The company said the relationship includes leasing, trading and storage arrangements involving precious metals.
Tether Expanded Gold.com Relationship in 2026
The financing followed Tether’s $150 million investment in Gold.com earlier this year. Gold.com disclosed that Tether purchased approximately 13.3% of its then-outstanding common shares in the transaction and received the right to nominate a director to the company’s board.
The original agreement also included a gold leasing facility of at least $100 million. Gold.com and Tether agreed to additional commercial arrangements covering gold lending and leasing, storage and other activities connected with their respective businesses.
Gold.com also agreed to invest $20 million of the proceeds from Tether’s equity investment in XAU₮, Tether’s gold-backed digital asset. The companies said the broader partnership would connect physical precious metals with digital gold products.
Tether’s Growing Role in Gold Markets
The Gold.com financing comes as Tether continues to build its exposure to physical gold. In its second-quarter 2026 financial update, Tether said it held more than 146 tons of gold as of June 30. The company also reported approximately $1.5 billion in net operating profit for the quarter and said its assets exceeded liabilities by about $4.11 billion.
For Gold.com, precious-metals leases have become an important source of financing. The company said in its annual filing that its liquidity sources include cash generated from operations, precious-metals leases and its trading credit facility.
The $1.5 billion financing therefore represents a substantial expansion of a relationship that began with Tether’s equity investment and a smaller gold-leasing arrangement. Gold.com’s latest filings show that the companies are continuing to operate across physical gold, precious-metals leasing, storage and digital gold products.
writer: Ethan Collins
Crypto Journalist
Ethan Collins reports on developments across the cryptocurrency and blockchain sector. His work covers market movements, protocol updates, regulatory changes, and emerging trends in digital assets.
He focuses on presenting complex topics in a clear and accessible manner for a broad readership.
Check out other news and articles on Google News
Disclaimer:
The articles on HOKANEWS are here to keep you updated on the latest buzz in crypto, tech, and beyond—but they’re not financial advice. We’re sharing info, trends, and insights, not telling you to buy, sell, or invest. Always do your own homework before making any money moves.
HOKANEWS isn’t responsible for any losses, gains, or chaos that might happen if you act on what you read here. Investment decisions should come from your own research—and, ideally, guidance from a qualified financial advisor. Remember: crypto and tech move fast, info changes in a blink, and while we aim for accuracy, we can’t promise it’s 100% complete or up-to-date.