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.