CoinDCX Partners with Tether Gold to Bring Tokenized Gold XAUT to Indian Investors; Launches SIP Starting at INR 100
CoinDCX, India's largest crypto exchange, has partnered with Tether Gold to introduce XAUT, a tokenized gold product, to the Indian market. This collaboration allows Indian investors to gain fractional exposure to physical gold through a digital asset backed by allocated gold reserves. To enhance accessibility, CoinDCX has launched a Systematic Investment Plan (SIP) for XAUT, enabling users to start investing with as little as INR 100. Each XAUT token represents ownership of one troy ounce of physical gold, combining the stability of a traditional store of value with the efficiency of blockchain technology. This move signifies a broader shift in the Indian investment landscape as exchanges move beyond pure crypto assets to offer regulated, real-world asset (RWA) products. By integrating familiar investment structures like SIPs with tokenized commodities, CoinDCX aims to lower barriers for retail investors seeking diversified digital portfolios. The initiative highlights the growing global momentum of RWA tokenization, where traditional financial instruments are increasingly being brought on-chain to improve transparency and liquidity.
- ▸CoinDCX partners with Tether Gold to list XAUT for Indian investors.
- ▸New XAUT SIP feature allows gold investments starting at INR 100.
- ▸Each XAUT token represents one troy ounce of physical gold in vaults.
- ▸Partnership expands CoinDCX's portfolio beyond traditional crypto into RWA products.
Tether Gold (XAUT) is a digital asset issued by TG Commodities, S.A. de C.V., where each token is backed by physical gold held in secure vaults. It allows investors to own fractional amounts of gold that can be traded or transferred on-chain like any other digital asset. The gold backing is identifiable by specific serial numbers and purity standards, bridging the gap between physical commodity ownership and blockchain-based liquidity.