The Aurise Foundation announced the launch of XAUE on April 22, 2026, a new yield-bearing token designed as a Treasury Layer for Tether Gold (XAU₮). The protocol aims to transform traditionally non-yielding gold into a programmable and capital-efficient on-chain asset for qualified institutional participants.
At launch, ecosystem partners Aurelion and Antalpha have jointly committed 16,052 XAU₮ into XAUE, valued at approximately $76 million as of the announcement date. The protocol is built on the Ethereum blockchain and introduces a gold-denominated yield mechanism through quantitative strategies and institutional lending, while remaining fully backed by physical gold or XAU₮.
XAUE employs a 1000:1 fractionalization model, where depositing 1 XAU₮ yields 1,000 XAUE tokens. The protocol uses a monotonically increasing exchange rate model, meaning the gold value backing each XAUE token grows over time as net yield accrues. For example, with a 2% annual yield, reserves would grow to 1.02 XAU₮ while the token supply remains fixed, allowing 1,000 XAUE to redeem for 1.02 XAU₮—delivering passive, auto-compounding returns measured in gold units.
The Aurise Foundation, based in Panama, oversees governance, audits, Proof of Reserves, and AML/KYC compliance for the protocol. Access is currently limited to whitelisted, KYC/KYB-verified institutions in eligible jurisdictions. As the ecosystem expands, XAUE may integrate with leading decentralized financial protocols, positioning itself as foundational collateral and a settlement asset across on-chain financial markets.