Bitfinex Enables Support for XAUT0 on Plasma - Bitfinex blog
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24 Nov Bitfinex Enables Support for XAUT0 on Plasma

Posted at 11:48h in Media Releases by

ROAD TOWN, Tortola, British Virgin Islands – 24 November, 2025 – Bitfinex (https://www.bitfinex.com/), a premier digital asset trading platform, announced support for deposits and withdrawals of XAUT0 on the Plasma network beginning today, 24 November, 2025.

XAUT0 is a tokenised version of gold that aims to expand the accessibility of digital gold on high-performance, interoperable blockchain infrastructure. This integration allows Bitfinex users to deposit and withdraw XAUT0 on Plasma, facilitating faster cross-chain transactions that are more secure and cost-efficient. 

The launch comes at a pivotal moment, as the tokenised gold sector recently surpassed $3 billion in market value. At the same time, Plasma, a Layer-1 blockchain purpose-built for stablecoins, launched with over $2.5 billion in total value locked (TVL). By delivering decentralised and scalable payment rails, Plasma aligns with Bitfinex’s mission to empower financial freedom worldwide, marking a major milestone for stablecoin infrastructure supporting real-world assets.

Following the XAUT0 integration with The Open Network (TON) and Solana, and now with the addition of Plasma, Bitfinex continues its efforts to bring greater flexibility and enhanced utility to tokenised assets. Bitfinex customers can convert between XAUT0 and XAUT, and vice-versa, at a 1:1 ratio using the platform’s built-in Currency Conversion tool.

“Integrating with Plasma advances our goal to continuously provide seamless access to digital assets within the crypto ecosystem,” says Anoush Bhasin, Head of Listings at Bitfinex. “We are thrilled to offer users the ease and flexibility to manage their gold across multiple chains, setting new standards for tokenised gold.”

Deposits and withdrawals for XAUT0 on Plasma were open at 12:00 PM on 24/11/2025. 

To access XAUT0 through Bitfinex, visit https://www.bitfinex.com/.

Please note that XAUT0 is not directly issued or redeemable by Tether.

*All users of www.bitfinex.com are subject to Bitfinex’s terms of service (“TOS”). Please note that U.S. persons (as defined in the TOS), among other prohibited persons (as defined in the TOS), are strictly prohibited from directly or indirectly holding, owning or operating an Account (as defined in the TOS) on www.bitfinex.com. 

About Bitfinex

Founded in 2012, Bitfinex is a digital token trading platform offering state-of-the-art services for traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market, and margin trading for a wide selection of digital tokens. Bitfinex’s strategy focuses on providing superior support, tools, and innovation for experienced traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.

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