Partnership · Financial Services

CoinDCX partners with Tether Gold for tokenized gold

By Startup Enthusiast · 27 August 2026

What they do

CoinDCX is a major Indian cryptocurrency exchange that serves over two crore registered users

The company partnered with Tether Gold to offer tokenized gold assets and a new SIP investment feature

This move signals a strategic shift toward real-world assets as the company expands beyond traditional digital currencies

CoinDCX has entered a partnership with Tether Gold to introduce tokenized gold to its Indian user base.
The XAUT token is now available for direct trading on the CoinDCX platform.
Users can start investing in gold tokens through a new SIP (Systematic Investment Plan) with a minimum entry of INR 100.
Each XAUT token represents one troy fine ounce of physical gold stored in secure vaults.
This initiative aims to democratize access to real-world assets (RWAs) for retail investors in India.
CoinDCX intends to broaden its product portfolio beyond standard cryptocurrencies into the growing tokenized asset market.

Tokenized gold is currently the fastest-growing category within the real-world asset ecosystem.
The partnership allows CoinDCX to leverage Tether Gold's status as the world's largest tokenized gold product by market capitalization.
This move aligns with the broader strategy of the DCX Group to power the global Web3 economy.

CoinDCX operates as India's largest cryptocurrency exchange with a user base exceeding 2 crore people.
The company has evolved into the DCX Group, a multi-entity ecosystem with international operations.
The group acquired the Dubai-based exchange BitOasis in 2024, which later expanded into Bahrain.
The ecosystem includes CoinDCX Ventures, which has backed over 15 projects, and the Okto Web3 wallet.
Tether Gold tokens are fully backed by physical gold reserves and are redeemable for physical bullion.

CoinDCX plans to continue expanding its offerings in the tokenized real-world asset space.

Pantera (existing) — Global investment firm focused on blockchain technology.
Steadview Capital (existing) — Investment firm with a focus on long-term growth.
Bain Capital Ventures (existing) — Venture capital arm of the global investment firm.
Coinbase Ventures (existing) — Corporate venture arm of the Coinbase exchange.

Customers: Individual and institutional investors trading cryptocurrencies globally
How it makes money: B2C cryptocurrency exchange platform with trading fees and services
What sets it apart: Support for 100+ countries with multilingual platform and multiple on-chain use cases