Hold, trade, and borrow against tokenized gold with Anchorage Digital

TL;DR: Tether Gold (XAU₮) is now supported across custody, trading, and financing in a single Anchorage Digital relationship and through a Prime account.

Anchorage Digital, home to America’s first federally chartered crypto bank, today announced full lifecycle support for tokenized gold, starting with Tether Gold (XAU₮). Institutions can now hold XAU₮ at Anchorage Digital Bank, N.A. and trade it through the Anchorage Digital principal desk. Clients can also pledge XAU₮ held in custody at the Bank as collateral in arrangements they enter into with other Anchorage Digital Bank clients.

The launch is the first in a series of tokenized real-world asset products supported through Anchorage Digital Prime, as institutions move from asking whether they can hold tokenized assets to asking what those assets can do for them.

Put gold to work without selling it

Physical gold in a vault holds its value and does little else. It sits apart from the rest of a portfolio, and the only way to raise cash against it has been to sell, which ends the exposure the holder wanted in the first place.

Tokenized gold changes the equation; gold now sits alongside other digital assets in a customer’s portfolio and custody account. Gold becomes an asset the client can trade 24/7 and pledge as loan collateral along with crypto assets and a growing variety of tokenized assets. 

Hold it, trade it, borrow against it, all in a single Anchorage Digital relationship

The value of tokenized gold depends on the infrastructure around it. Anchorage Digital Prime supports the full lifecycle of an XAU₮ position:

• Hold XAU₮ in regulated custody. Positions are held at Anchorage Digital Bank (US OCC-chartered Bank) or Anchorage Digital Singapore (MPI licensed), under the same controls applied to the rest of a client's digital asset holdings.
• Trade XAU₮ with our desk. Clients buy and sell through the Anchorage Digital principal desk.
• Borrow against XAU₮ and keep your exposure. Clients pledge tokenized gold as collateral and borrow USD or USDT against it. while keeping full price exposure to gold throughout.
• Use XAU₮ as collateral for derivatives.

XAU₮ is the tokenized gold product seeing the most activity on the Anchorage Digital desk today, and one of the tokenized assets our clients trade most. 

"Gold has been a store of value for thousands of years, and tokenization unlocks additional capabilities. Our clients can hold Tether Gold at a federally chartered bank, trade it with our desk, and borrow against it while keeping their exposure. That is what tokenization looks like when institutional-grade infrastructure is in place, and gold is only the start. We expect to bring the same custody, trading, and financing model to a growing range of tokenized assets." —Nathan McCauley, Co-Founder and CEO, Anchorage Digital

Beyond gold: tokenization across Anchorage Digital Prime

Tokenized gold is the first in a series of tokenized real-world asset products supported through Anchorage Digital Prime. The model is the same for each: hold the asset in regulated custody, trade it with the desk, and use it as collateral, all in one platform.

Today, Anchorage Digital Bank provides custody and settlement for tokenized securities. As institutional demand grows, the same financing and trading model that applies to XAU₮ extends to other tokenized assets, so that a tokenized position does more than sit in a wallet.

Anchorage Digital works with issuers and protocols at the front of tokenization, which means clients see new tokenized products early and with the institutional controls already in place. For issuers, Anchorage Digital Prime serves as the institutional layer: the place where a tokenized asset gets custody, liquidity, and collateral utility from day one.

To learn more about Anchorage Digital's custody, trading, and financing for XAU₮, and tokenization offerings, please get in touch.

Important Note:

This press announcement is not an offer to sell or the solicitation of an offer to buy Tether Gold (XAU₮). TG Commodities S.A de C.V. is the issuer of XAU₮ and will only sell or redeem XAU₮ pursuant to its gold token terms of sale and service available (as of the date of this press release) at https://gold.tether.to/legal. US persons are not permitted to purchase or redeem XAU₮ with TG Commodities S.A de C.V. 

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