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Event File CRYPTO

ADGM Recognizes Tether Gold as Accepted Spot Commodity

2 reports · First detected 2026-07-21 · Last active 2026-07-21

Tether Gold, issued by TG Commodities Limited, is a blockchain-based asset designed to provide ownership of physical bullion. Each full XAU₮ token represents one fine troy ounce of gold on a London Good Delivery bar. Its inclusion in Abu Dhabi Global Market’s spot-commodity framework is significant because it gives regulated financial firms a clearer route to serve institutional demand for tokenized gold as distributed real-world assets surpass $31 billion globally.

Tether said on July 20, 2026, that ADGM had recognized XAU₮ as an Accepted Spot Commodity. Firms operating in the Abu Dhabi financial center may offer services involving the token if they hold the relevant regulatory permissions and obtain approval to use accepted spot commodities. The decision follows the Financial Services Regulatory Authority’s earlier recognition of Tether’s USD₮ as an Accepted Fiat-Referenced Token. Tokenized real-world assets have expanded from about $6.6 billion a year earlier.

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