Elemental Royalty Corporation is now offering shareholders a novel option: receiving dividends in blockchain-based tokens backed by gold. The Canada-based company announced Tuesday it will distribute returns using Tether Gold (XAUT), a stablecoin issued by Tether and backed by gold.
Shareholders can opt to receive dividends in XAUT instead of traditional fiat currency. This provides direct exposure to the price of gold with the flexibility of digital settlement. This move marks a first for a publicly listed gold company.
Gold-backed tokens represent a rapidly expanding asset class, with the total market for tokenized gold exceeding $5 billion. XAUT currently leads this sector in both volume and supply, driven by investors seeking direct gold exposure without traditional intermediaries.
