DL Holdings has entered into a strategic partnership with Antalpha, planning to acquire and distribute $100 million worth of XAUT, and to invest another $100 million in Bitcoin mining machines.

BlockBeats News, October 17, according to businessinsider, DL Holdings Group Limited (HKEX: 1709) today announced a comprehensive strategic partnership with Antalpha, with a total value of up to 200 million U.S. dollars. This cooperation covers tokenized gold assets and Bitcoin mining infrastructure.

In the gold asset field, First Holdings has initiated a $5 million initial investment in Tether Gold (XAUT) and plans to further acquire and distribute up to $100 million worth of XAUT in the next twelve months. In terms of hash power infrastructure, the group has planned an additional $100 million investment in Bitcoin mining machine procurement, has currently completed the purchase of thousands of high-performance mining machines, and has established a strategic alliance with Antalpha. This cooperation will strengthen First Holdings' upstream layout in the hash power field, helping it become a leading publicly listed Bitcoin mining enterprise in Asia.