- Giancarlo Devasini disclosed a 31.9% stake in Elemental Royalty Corporation through controlled entities, filing a Schedule 13D on March 26, 2026, following a share transfer within the Tether group.
- The transfer involved 9,407,667 shares from Tether Investments to Tether International, maintaining the group's total holdings while expressing potential plans to acquire, retain, or sell shares based on market conditions.
- Devasini, a director at Tether Global Investments Fund, is involved in strategic investments in emerging technologies and digital asset infrastructure.