Elemental Royalty is giving shareholders a first in the public gold sector: the choice to take dividends in tokenized gold. In an announcement Tuesday, the Canada-based royalty company said it will let investors receive payouts in Tether Gold (XAUT) — the blockchain-based, gold-backed token issued by stablecoin issuer Tether — instead of traditional fiat.
Shareholders who opt in will get exposure directly tied to the price of physical gold via a digital token, with the settlement and transferability advantages of blockchain-based assets. Elemental says this is the first time a publicly listed gold company has offered dividends in a tokenized-gold product. The move follows Tether’s purchase of a roughly one-third stake in Elemental last year.
Tokenized gold has rapidly grown into a mainstream crypto niche: the total market has topped $5 billion, and XAUT currently leads the sector in both supply and trading volume. Much of that expansion has been driven by retail investors looking for easier, more direct ways to gain gold exposure without traditional custodians or middlemen. Industry reports have also noted Tether’s large gold holdings — in the tens of billions — underscoring the scale behind XAUT’s market presence.
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