CoinDCX Partners with Tether Gold to Introduce XAUT Trading and Systematic Investment Plans in India

Indian cryptocurrency exchange CoinDCX has formed a strategic collaboration with Tether Gold (XAUT) to make tokenized gold available to Indian investors. The initiative introduces spot trading for XAUT and rolls out systematic investment plan (SIP) options starting at INR 100, expanding the exchange’s offering of real-world assets (RWAs).

What Happened

Under the new partnership, Tether Gold’s tokenized asset, XAUT, is officially open for trading on CoinDCX. In addition, the platform has launched an XAUT SIP feature, allowing individuals to regularly invest in digital representations of gold using small increments starting at INR 100. This move is part of the exchange’s broader effort to lower barriers to entry for blockchain-based real-world assets.

XAUT is issued by TG Commodities, S.A. de C.V. Each token represents ownership of one troy fine ounce of physical gold tied to a London Good Delivery bar. The underlying allocated gold is held in secure vaults and is identifiable through unique serial numbers, weight, and purity metrics, making it directly redeemable for physical gold according to company terms.

Key Highlights

• Lower Entry Barrier: The launch of the XAUT SIP option enables retail investors to begin investing in tokenized gold starting at INR 100.
• Asset Backing: Each XAUT token represents ownership of one troy fine ounce of physical gold backed by allocated reserves.
• Fractional Exposure: Investors can purchase fractional quantities of gold and hold them digitally via blockchain rails.
• Platform Growth: Founded in 2018, CoinDCX currently serves over 2 crore users and operates under the broader DCX Group.
• Product Category: The integration represents CoinDCX’s expansion into tokenized real-world assets beyond traditional crypto assets.

Why This Matters

Mridul Gupta, Founding Partner at CoinDCX, noted that Indian investors hold a longstanding affinity for gold as a store of value. The partnership aims to bridge this traditional preference with digital blockchain infrastructure. Unlike conventional physical gold purchases, tokenized gold provides digital accessibility, fractional ownership, and systematic purchase mechanisms mirroring mutual fund SIPs.

The move aligns with broader efforts within the DCX Group to diversify offerings beyond core cryptocurrencies. The firm, which expanded into the MENA region through its 2024 acquisition of BitOasis and subsequent 2025 expansion into Bahrain, continues to introduce globally recognized real-world asset products, such as tokenized commodities, to its user base.

What to Watch Next

Market observers will watch how Indian retail investors adopt systematic investment plans for tokenized commodities compared to traditional digital gold or mutual fund alternatives. Observers will also track further real-world asset integrations on CoinDCX as the platform looks to expand its lineup of tokenized financial instruments.

Frequently Asked Questions

What is Tether Gold (XAUT)?

Tether Gold (XAUT) is a digital token offered by TG Commodities, S.A. de C.V. Each token is backed by allocated physical gold reserves, representing one troy fine ounce of gold on a London Good Delivery bar.

What is the minimum amount required to start an XAUT SIP on CoinDCX?

Investors can start a systematic investment plan (SIP) for XAUT on CoinDCX starting at INR 100.

Is XAUT backed by physical gold?

Yes. The allocated gold is stored in secure vaults, carries a specific serial number, purity rating, and weight, and can be redeemed for physical gold pursuant to the issuer’s terms of sale.

Source: Report based on announcements from CoinDCX and Tether Gold via NewsVoir.