CoinDCX Brings Tokenized Gold to India via XAUT and New SIP Option

CoinDCX, India's largest crypto exchange, has partnered with Tether Gold (XAUT) to bring tokenized gold to Indian investors. As part of this collaboration, XAUT is now available for trading on CoinDCX, and a Systematic Investment Plan (SIP) starting at INR 100 has been launched.

XAUT represents ownership of physical gold and is backed by allocated gold reserves held in secure vaults. Each XAUT token corresponds to one troy ounce of physical gold, offering investors a digital representation of a trusted store of value.

CoinDCX's mission is to democratize access to innovative digital assets by bringing globally recognized tokenized real-world assets (RWAs) to Indian users through a simple and secure investment experience.