Elemental Royalty, a prominent company active in gold investments, has announced a unique option for paying dividends to its investors. Shareholders will now be able to receive their dividend payments in Tether’s tokenized gold cryptocurrency. This development positions the company as a pioneer, being the first to offer dividend payments in a crypto asset linked to the price of gold. Tether is a stable cryptocurrency pegged to the US dollar, and its tokenized gold version is backed by physical gold reserves. The initiative aims to provide investors with the benefits of gold investment within the crypto market while ensuring price stability. This move offers investors an alternative to traditional cash payments, potentially enhancing diversification and convenience in financial markets. Elemental Royalty’s innovation comes amid growing interest in cryptocurrencies and digital assets across various investment sectors. By integrating dividend payments with tokenized gold, the company opens new opportunities for investors who value both cryptocurrency and gold investments. Such investment models may become increasingly popular in the future, especially as crypto and traditional assets converge. However, given the volatility and uncertainties of the crypto market, investors are advised to exercise caution.
Source: coindesk
