Gold firm Elemental Royalty to pay out dividends in Tether's tokenized gold
Analysis
Price Impact
HighElemental royalty, a public gold firm, will now offer shareholders the option to receive dividends in tether gold (xaut). this is a significant first, increasing the utility, legitimacy, and adoption of xaut within traditional finance, potentially setting a precedent for other companies.
Trustworthiness
HighThe news is reported by coindesk, a reputable crypto news source, detailing an official announcement by a publicly listed company, elemental royalty corporation (ele).
Price Direction
BullishThe integration of xaut into dividend payments for a public company directly increases its demand and utility. this institutional adoption provides a new use case for xaut, likely driving its price as more investors opt for crypto-backed gold dividends, strengthening its market position.
Time Effect
LongWhile there might be an immediate positive reaction, the true impact of this move is long-term. it establishes a new avenue for traditional financial entities to interact with tokenized assets, paving the way for broader adoption and legitimacy of digital gold and other tokenized securities over time.
Original Article:
Article Content:
Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Gold firm Elemental Royalty to pay out dividends in Tether's tokenized gold The company claimed the bragging right of being the first to let investors opt for dividend payments in a cryptocurrency, backed by gold. By Krisztian Sandor | Edited by Stephen Alpher Feb 17, 2026, 9:07 p.m. Make us preferred on Google Gold (Unsplash/Zlataky/Modified by CoinDesk) What to know : Elemental Royalty is the first public gold firm to pay dividends in tokenized gold Shareholders can now elect to receive returns in Tether Gold (XAUT), a blockchain-based token backed by physical gold. Tokenized gold saw rapid growth over the past year amid rising retail demand for the yellow metal. Elemental Royalty Corporation (ELE) is now offering shareholders something no other public gold company has before: the option to receive dividends in blockchain-based tokens backed by gold. In a move announced Tuesday, the Canada-based royalty company said it will distribute shareholder returns using stablecoin issuer Tether's tokenized gold, Tether Gold (XAUT). STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . Shareholders choosing this route will receive their dividends in XAUT rather than fiat money, providing exposure directly tied to the price of gold with the added flexibility of digital settlement. This marks the first time a publicly listed gold company has made such an offer, according to the press release. The move comes after Tether bought one-third of Elemental last year. Gold-backed tokens has emerged as a fast-growing asset class. The total market for tokenized gold has surpassed $5 billion, with XAUT currently leading the sector in both volume and supply. Much of this growth has been driven by retail investors seeking exposure to gold without relying on traditional custodians or intermediaries. Read more: Tether's gold stash tops $23 billion as buying outpaces nation states, Jefferies says Gold Tether Tokenized Assets More For You Zoomex: Precise Systems of Fairness and Transparency by Design By CoinDesk Jan 31, 2026 Commissioned by Zoomex Read full story More For You Stripe's stablecoin firm Bridge wins initial approval of national bank trust charter By Krisztian Sandor | Edited by Jesse Hamilton 57 minutes ago The U.S. banking license would allow Bridge to issue and manage stablecoins under direct federal oversight. What to know : Bridge, the stablecoin infrastructure firm owned by Stripe, said it has received conditional approval from the OCC to form a national trust bank. The license would allow the company to issue and manage stablecoins under federal oversight. The move follows the agency granting similar initial approvals to stablecoin issuers Circle, BitGo, and Ripple in December. Read full story Latest Crypto News Stripe's stablecoin firm Bridge wins initial approval of national bank trust charter 57 minutes ago Crypto venture capital firm Dragonfly raises $650 million despite 'gloom of a bear market' 1 hour ago Crypto custodian BitGo a potential acquisition target for Wall Street firms, analysts say 4 hours ago Trading platform eToro shares jump 14% after posting record Q4 profit despite crypto revenue drop 4 hours ago The crypto tax reckoning is here 5 hours ago Bitcoin treasury company Nakamoto to acquire BTC Inc and UTXO in $107 million all-stock deal 5 hours ago Top Stories CFTC's Selig opens legal dispute against states getting in way of prediction markets 5 hours ago Bitcoin slips below $67,000 as software stocks continue to plunge 5 hours ago Michael Saylor's Strategy purchased $168 million in bitcoin last week 7 hours ago BitMine adds $90 million in ETH — Tom Lee says crypto sentiment reminiscent of 2018 and 2022 bottoms 6 hours ago Gemini stock falls 10% after it parts ways with COO, CFO and Chief Legal Officer months after IPO 6 hours ago BofA survey flags dollar bearish bets at over a decade high. Here's what it means for bitcoin 15 hours ago