Stock Track | Gold.com Soars 7.60% Intraday on Tether's $150M Investment and Analyst Upgrade

Stock Track

Feb 06

Gold.com's stock surged 7.60% during intraday trading on Friday, reflecting strong investor sentiment following significant positive developments.

The rally was driven by Tether's $150 million strategic investment in the precious metals platform, acquiring approximately a 12% stake. The deal aims to strengthen Tether's gold-backed digital asset XAU₮ and expand access to both tokenized and physical gold. As part of the partnership, Gold.com committed $20 million into XAU₮ and plans to integrate stablecoins into its platform.

Additionally, Northland Capital upgraded Gold.com to Outperform from Market Perform, raising its price target to $57 from previous levels. Analyst Greg Gibas cited expected continued momentum, further boosting investor confidence in the company's growth prospects in the evolving tokenized assets market.

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The deal aims to strengthen Tether's gold-backed digital asset XAU₮ and expand access to both tokenized and physical gold. As part of the partnership, Gold.com committed $20 million into XAU₮ and plans to integrate stablecoins into its platform.</p><p>Additionally, Northland Capital upgraded Gold.com to Outperform from Market Perform, raising its price target to $57 from previous levels. Analyst Greg Gibas cited expected continued momentum, further boosting investor confidence in the company's growth prospects in the evolving tokenized assets market.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GOLD","symbol_name":"Gold.com","start_time":0,"source_url":"","article_id":"1117266742","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1117266742","pubTimestamp":1770389656,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Gold.com's stock surged 7.60% during intraday trading on Friday, reflecting strong investor sentiment following significant positive developments.The rally was driven by Tether's $150 million...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GOLD":"Gold.com"},"translate_title":"个股轨迹|泰达币1.5亿美元投资及分析师升级，Gold.com盘中大涨7.60%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GOLD":1},"content_text":"Gold.com's stock surged 7.60% during intraday trading on Friday, reflecting strong investor sentiment following significant positive developments.The rally was driven by Tether's $150 million strategic investment in the precious metals platform, acquiring approximately a 12% stake. 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