Gold firm Elemental Royalty to pay out dividends in Tether's tokenized gold

The company claimed the bragging right of being the first to let investors opt for dividend payments in a cryptocurrency, backed by gold. What to know : Elemental Royalty is the first public gold firm to pay dividends in tokenized gold Shareholders can now elect to receive returns in Tether Gold (XAUT), a blockchain-based token backed by physical gold. Tokenized gold saw rapid growth over the past year amid rising retail demand for the yellow metal.