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Tether acquires 32% stake in Elemental Altus Royalties

PRIVATEJun 12, 2025

Acquiring Company

Tether International S.A. de C.V

Acquired Company

Elemental Altus Royalties

VancouverArtificial IntelligenceMiningMineralMining Technology

Description

Tether has acquired a 31.9% stake in Elemental Altus Royalties by purchasing 78,421,780 common shares for approximately $89.4 million. This strategic investment aims to enhance Tether's exposure to stable assets and supports its commitment to integrating gold into its financial infrastructure. The transaction aligns with Tether's strategy to provide diversified exposure to global gold production while minimizing operational risks.

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Company Information

Company

Tether International S.A. de C.V

About

Tether International, S.A. de C.V. is a company involved in digital asset management and blockchain technology. It focuses on providing financial services through innovative digital solutions. The company operates globally, aiming to enhance transaction efficiency and transparency.

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Frequently asked

Who acquired Elemental Altus Royalties?

Elemental Altus Royalties was acquired by Tether International S.A. de C.V. The deal was reported on June 12, 2025. Tether International, S.A. de C.V. is a company involved in digital asset management and blockchain technology. It focuses on providing financial services through innovative digital solutions. Tether International S.A. de C.V is privately held.

When did Tether International S.A. de C.V acquire Elemental Altus Royalties?

Tether International S.A. de C.V's acquisition of Elemental Altus Royalties was reported on June 12, 2025. Tether has acquired a 31.9% stake in Elemental Altus Royalties by purchasing 78,421,780 common shares for approximately $89.4 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Elemental Altus Royalties do?

Elemental Altus is an income-generating precious metals royalty company with a diversified portfolio of pre-production and discovery-stage assets. It is privately held, operating in Artificial Intelligence, and is based in Vancouver.

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