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Bitfinex launches support for XAUT0 on The Open Network: a new era for digital gold

Bitfinex launches support for XAUT0 on The Open Network: a new era for digital gold WikiBit 2025-07-09 16:05

Bitfinex, one of the main platforms for trading digital assets, has announced the activation of supp

Bitfinex, one of the main platforms for trading digital assets, has announced the activation of support for XAUT0 on The Open Network (TON). This news, made public on July 8, 2025, represents a significant step towards greater accessibility and interoperabilityof tokenized goldon high-performance blockchain infrastructures.

XAUT0 is a product that allows the digital representation of physical gold, offering users the possibility to hold and transfer gold in tokenized form. The integration of XAUT0 on TON now allows Bitfinex customers to make deposits and withdrawalsusing the TON transport layer, a blockchain designed to ensure secure, scalable, and low-cost transactions.

Summary

  • Bitfinex expands XAUT0 on The Open Network: TON, a blockchain for the future
  • Bitfinex: immediate conversion between XAUT0 and XAUT
  • Operational details and timing
  • Bitfinex: a leading platform in digital asset trading
  • Bitfinex revolutionizes the trading of XAUT0 on TON

Bitfinex expands XAUT0 on The Open Network: TON, a blockchain for the future

The Open Network (TON)stands out for its high-capacity architecture, designed to power a decentralized internet. Its structure is capable of supporting millions of transactions per second, with the goal of reaching hundreds of millions of users worldwide. The integration of XAUT0on this network allows Bitfinex users to benefit from unprecedented efficiencyand interoperability in the transfer of digital gold across different blockchain networks.

Bitfinex: immediate conversion between XAUT0 and XAUT

A key element of this innovation is the possibility for Bitfinex customers to convert XAUT0 to XAUT and vice versa instantly and at a 1:1 ratio, using the Currency Conversiontool integrated into the platform. This ensures maximum flexibility in asset management, allowing users to choose the version of the token that best suits their operational or investment needs.

According to Anoush Bhasin, Head of Listings at Bitfinex:

“The integration of XAUT0 with The Open Network reflects our commitment to expanding access to tokenized assets and supporting the development of decentralized financial infrastructures.”

Bitfinex, in fact, confirms itself as one of the protagonists in offering innovative solutions for the management and transfer of digital assets, now also including gold on TON.

Operational details and timing

The deposit and withdrawaloperations of XAUT0 on TON were activated at 12:00 UTC on July 8, 2025. Interested users can access XAUT0 directly through the Bitfinex platform by visiting the official website. It is important to note that XAUT0 is not issued or redeemable directly by Tether, but it still represents a reliable solution for those who wish to gain exposure to gold in digital format.

All users of Bitfinex are subject to the platforms terms of service. In particular, individuals residing in the United States and other categories of prohibited persons, as defined in the terms, cannot hold, own, or manage an account on Bitfinex, neither directly nor indirectly. This restriction also applies to operations related to XAUT0.

Bitfinex specifies that the announcement does not constitute in any way an offer to buy or sell assets, including criptovalute and tokens. It is not even a recommendation or an invitation to undertake specific operations. Every purchase or sale of criptovalute on the platform occurs exclusively according to the terms of service of Bitfinex.

Users are invited to conduct their own research and not to consider the information provided as financial, legal, or other advice. Investing in digital assets, including tokens like XAUT0, involves risks that each user must independently assess. For further details on the risks, Bitfinex provides a specific statement on its website.

Bitfinex: a leading platform in digital asset trading

Founded in 2012, Bitfinex has established itself as one of the reference platforms for trading digital tokens, offering advanced services to experienced traders and liquidity providers globally. Among the features offered are peer-to-peer financing, an OTC market, and margin trading on a wide selection of digital tokens. Bitfinexs strategy aims to support industry professionals and ensure liquidity worldwide.

Bitfinex revolutionizes the trading of XAUT0 on TON

The introduction ofXAUT0 on The Open Network represents a significant evolution for the digital gold sector. Thanks to this integration, Bitfinex offers its users an efficient and interoperable solution to manage tokenized gold, leveraging the power and scalability of TON. This step confirms the platforms commitment to being at the forefront of adopting new technologies and promoting decentralized finance.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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