Aurise Foundation Launches XAUE Gold Yield Token with $76M Initial Reserve

Gate News message, April 23 — Aurise Foundation announced the launch of XAUE, an Ethereum-based gold yield token positioned as a vault layer for Tether Gold (XAUT). Ecosystem partners Aurelion and Antalpha jointly contributed 16,052 XAU, worth approximately $76 million, as the initial reserve.

XAUE employs a 1,000:1 split model with a monotonically increasing exchange rate mechanism, enabling token holders to earn compounding returns denominated in gold. The token is currently available exclusively to whitelisted institutional investors who have completed KYC/KYB verification.

The Aurise Foundation is responsible for governance and compliance oversight of the protocol.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments