Tether Gold (XAUT) has been approved as a spot commodity in Abu Dhabi Global Market (ADGM), enabling regulated firms in the financial centre to provide services tied to the tokenised gold asset. The move follows ADGM’s acceptance of Tether’s dollar-pegged stablecoin USDt (USDT) as a fiat-referenced token. Data cited show XAUT’s total value locked rising more than threefold over a year, while firms plan additional uses such as loan collateral.

Securitize and Cantor Fitzgerald are developing infrastructure to support initial public offerings and follow-on share offerings based on tokenised securities within the existing U.S. securities regulatory framework. The companies are preparing a basic issuance structure for public markets that would allow companies to raise funds using tokenised securities. Securitize will provide tokenisation infrastructure, while its SEC-registered broker-dealer affiliate Securitize Markets will take part in offering and settlement. Cantor Fitzgerald will provide equity capital markets and trading capabilities.