February 2026
Gold.com
Canaccord Genuity Acts as Exclusive Financial Advisor and Sole Lead Agent to Gold.com on its $150 Million Strategic Investment from Tether
Canaccord Genuity is pleased to announce that on February 5, 2026, its client, Gold.com (the “Company”) announced that it has entered into a definitive agreement with TPM, S.A. de C.V., (“Tether”), whereby Tether is purchasing $150 million of Gold.com’s common shares (the “Investment”).
Under the terms of the Investment, Tether has agreed to purchase approximately $125 million worth of common shares and will purchase an additional approximately $25 million worth of common shares following receipt of certain regulatory approvals. In total, Tether is acquiring 3.4 million common shares at a price of $44.50 which represents an 11.9% discount to the 10-day VWAP of common shares on the NYSE as of market close on February 4, 2026.
The Investment establishes a strategic partnership designed to bridge physical precious metals and digital finance. By combining Gold.com’s end-to-end gold infrastructure with Tether’s global stablecoin platform, the parties aim to create a vertically integrated gold ecosystem. The collaboration is expected to enhance the credibility and distribution of Tether’s gold-backed XAU₮ stablecoin, expand Gold.com’s retail and digital offerings, introduce gold leasing solutions, and drive increased consumer and institutional engagement across both platforms.
Gold.com and Tether have agreed in good faith to use reasonable commercial efforts to enter into certain commercial agreements, subject to due diligence and regulatory compliance, including the following: Tether will provide Gold.com with a gold leasing facility of no less than $100 million; Gold.com will reasonably accommodate accepting Tether stablecoins (USDT and/or USAT) as payment, including allowing for certain promotional activities; and Gold.com will reasonably promote Tether stablecoins (USDT and/or USAT) on its websites and such other mutually agreed upon activities that will help support Tether stablecoins (including USDT, USAT, XAUT, etc.). In connection with the Investment, Gold.com has agreed to invest $20 million of the proceeds raised from the Investment in Tether’s XAU₮ stablecoin.
Gold.com builds on gold’s storied history and heritage to define the future of alternative asset management. Founded in 1965, Gold.com offers a comprehensive solution for all aspects of the precious metals and collectibles value chain. Its vertically integrated platform combines market expertise in gold, silver, platinum, and palladium and collectibles that include rare coins and currency with state-of-the-art logistics, financing, and minting capabilities to serve consumers, collectors, and institutional clients globally.
Tether is a pioneer in the field of stablecoin technology, driven by an aim to revolutionize the global financial landscape. With a mission to provide accessible, secure, and efficient financial, communication, and energy infrastructure, Tether aims to enable greater financial inclusion, communication resilience, foster economic growth, and empower individuals and businesses alike.