Tether Gold approved as spot commodity by Abu Dhabi Global Market

The Abu Dhabi Global Market (ADGM) has officially recognized Tether Gold (XAU₮) as an Accepted Spot Commodity. The designation allows firms licensed in ADGM to offer the tokenized gold product, provided they meet the regulator’s permissions for spot commodities.

Each XAU₮ token is backed by one troy ounce of physical gold stored in a London Good Delivery bar, combining the security of the metal with the speed and portability of blockchain technology. The approval follows ongoing engagement between Tether and ADGM regulators and expands the range of digital assets that can be offered under the UAE’s emerging regulatory framework for tokenized real‑world assets.

The move is seen as a step toward broader institutional adoption of tokenized gold, adding a regulated avenue for investors to access physical gold through a digital token while adhering to compliance standards set by the Financial Services Regulatory Authority in the United Arab Emirates.