Public company to offer gold dividends in a first

From thestreet.com

Tether, the crypto company well-known for its stablecoins, announced on Feb. 17 that Elemental Royalty Corporation (Nasdaq: ELE), a publicly traded gold royalty company, will offer select shareholders the option to receive their dividend in the form of Tether Gold (XAUT) tokens. This is the first-ever instance of a public gold company offering shareholders the option to receive dividends in tokenized gold, Tether said. Tether's XAUT is a digital asset backed by physical gold, which combines the long-term stability of gold with the efficiency, accessibility, and transferability of blockchain technology. It is ... (full story)