Antalpha Leads Aurelion in $150 Million Funding Round to Establish Nasdaq's First Tether Gold (XAU₮) Treasury

The leading institutional-grade digital asset financing platform Antalpha Platform Holding Company (NASDAQ: ANTA) (referred to as "Antalpha") announced today that it has invested approximately $43 million as a lead investor and, through participation in a commitment to a private investment in public equity (PIPE) transaction, acquired a controlling voting interest in Prestige Wealth Inc. (NASDAQ: PWM; AURE) (referred to as "Aurelion" or the "Company"). Other participating eligible investors include TG Commodities S.A. de C.V. (referred to as "Tether") and Kiara Capital Holding Limited, managed by the Antalpha management team (referred to as "Kiara Capital").

Upon receiving the necessary approvals, the Company (NASDAQ: PWM) is expected to be renamed "Aurelion Inc." and begin trading under a new ticker symbol (NASDAQ: AURE) starting from Monday, October 13, 2025.

Antalpha's Chief Financial Officer, Paul Liang, stated: "We are excited to collaborate with the world's largest stablecoin company, Tether, to expand a trusted digital gold ecosystem. When people can walk into a jewelry store and exchange Tether Gold (XAU₮) for a gold bar, digital assets become more accessible. We aim to provide new functionalities and services through the Antalpha Real World Assets Hub to enhance the liquidity and product supply of Tether Gold (XAU₮)."

Paul Liang continued: "Building upon the Antalpha Real World Assets Hub, we are pleased to lead the creation of the Aurelion Treasury — Nasdaq's first dedicated Tether Gold (XAU₮) treasury, aimed at increasing avenues for acquiring tokenized gold, which holds strategic significance in the digital asset world. Both individuals and institutions need a safe haven to hedge against inflation, fiat currency devaluation, and cryptocurrency volatility. As a leading digital asset financing platform, consolidating our own balance sheet with Tether Gold (XAU₮) reserves to enhance collateral resilience aligns with Antalpha's mutual interests."

Strategic Significance

Antalpha's "Reserve 2.0" plan builds on a pilot project earlier this year when Antalpha acquired $20 million worth of Tether Gold (XAU₮). In early October, we announced a partnership with Tether to launch the Antalpha Real World Assets Hub to increase avenues for acquiring Tether Gold (XAU₮). The $43 million PIPE investment in the Aurelion Treasury represents a new phase for the "Reserve 2.0" plan: expanding Antalpha's Tether Gold (XAU₮) reserves through institutional-grade infrastructure, governance, and transparency.

For over five thousand years, gold has been the ultimate store of value, consistently providing a natural hedge in macroeconomic fluctuations and political uncertainty. During global crises and inflationary cycles, gold has exhibited a negative correlation with the US Dollar Index (DXY) and has served as a safe haven against cryptocurrency volatility, highlighting the value of blockchain-based gold.

Tether Gold (XAU₮) is backed 100% by physical gold stored in Switzerland in LBMA-standard gold bars, addressing the aforementioned fragility issues. Since its launch in 2020, approximately 7 tons of gold have been used to back Tether Gold (XAU₮), offering institutional-grade transparency, verifiability, and liquidity. By committing to hold Tether Gold (XAU₮) as Aurelion's sole treasury reserve, Antalpha aims to smooth volatility, maintain liquidity, and enhance collateral resilience, aligning with Antalpha's risk-first operational philosophy.

Transaction Highlights

In Aurelion's approximately $100 million PIPE financing, Antalpha invested around $43 million, with other eligible investors including Kiara Capital investing $6 million and Tether investing $15 million.

Post this transaction, assuming the fully diluted number of shares and unexercised PIPE warrants, Antalpha holds approximately 32.4% of Aurelion's shares (or around 73.1% of the voting rights), while Kiara Capital holds about 8.6% of the shares (or about 18.9% of the voting rights).

Aurelion plans to continue raising funds to acquire more Tether Gold (XAU₮) and believes its concentrated ownership structure can provide greater stability, ensuring smoother operations.

Conference Call Information

The Antalpha management team will hold a conference call on October 14, 2025, at 8:30 AM Eastern Standard Time to discuss this transaction. To participate, please register in advance at the following link: https://register-conf.media-server.com/register/BIdf5d33a26d64454da01f41f3d6c9610e. Upon registration, you will receive the dial-in number, password, your unique PIN, and an email with a calendar invite. The webcast link is: https://edge.media-server.com/mmc/p/bt67nb59. The replay of the conference call will also be available on the company's investor relations website: https://ir.antalpha.com.

About Antalpha

Antalpha is a leading fintech company, focusing on providing financing, technology, and risk management solutions to institutional clients in the digital asset industry. Antalpha offers Bitcoin supply chain loans and collateralized lending services through the Antalpha Prime technology platform, allowing clients to initiate and manage their digital asset loans with near real-time monitoring of collateral status.

About Aurelion

Aurelion is Nasdaq's first Tether Gold (XAU₮) treasury. It combines the stability of physical gold with the efficiency of blockchain, providing investors with a tokenized gold reserve that serves as a hedge against inflation, currency devaluation, and cryptocurrency volatility. Additionally, Aurelion will continue its wealth management and asset management services.

About Tether Gold (XAU₮)

Tether Gold (XAU₮) is a digital asset provided by TG Commodities S.A. de C.V. One full XAU₮ token represents one troy ounce of London Good Delivery gold bar. XAU₮ operates as an ERC-20 token on the Ethereum blockchain, enabling easy trading and transferability 24/7. The gold backing XAU₮ is identifiable by unique serial numbers, purity, and weight and is redeemable.

About Antalpha RWA Hub

The Antalpha RWA Hub is Antalpha's dedicated Real World Asset (RWA) infrastructure platform, currently focused on providing liquidity and services for gold-based real-world assets.

Contact Information

Investor Relations: ir@antalpha.com

Safe Harbor Statement

This press release contains statements that may constitute "forward-looking statements" under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as "anticipate," "aspire," "intend," "plan," "provide," "target," "objective," "potential," "seek," "believe," "project," "estimate," "expect," "predict," "assume," "strategic," "goal," "trend," "future," "may," "might," "should," "will," and similar expressions referring to future periods. These statements are neither historical facts nor guarantees of future performance. Instead, they are based on current beliefs, expectations, and assumptions regarding future business, future plans and strategies, anticipated events and trends, economic conditions, and other future conditions, including beliefs on the expected performance of gold, Tether Gold (XAU₮), and any other gold-related products, as well as the intent of Antalpha and Aurelion to acquire additional XAU₮. These statements are not historical facts nor are they guarantees of future performance, including statements relating to the investment in the company by Antalpha through PIPE financing, integration plans, expected benefits of the transaction, and Antalpha's "Reserve 2.0" digital treasury strategy. Forward-looking statements also include expectations regarding the purchase, holding, and management of XAU₮, as well as potential future capital deployments. Forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially, including regulatory reviews, integration challenges, market price volatility of XAU₮, liquidity risks, counterparty and custodial risks, technological and regulatory developments, accounting treatment, and other factors described in filings that Antalpha has made with the U.S. Securities and Exchange Commission (SEC). All information in this press release is as of the date hereof, and, unless required by law, Antalpha undertakes no obligation to update any forward-looking statements.

Welcome to join the official BlockBeats community:

Telegram Subscription Group: https://t.me/theblockbeats

Telegram Discussion Group: https://t.me/BlockBeats_App

Official Twitter Account: https://twitter.com/BlockBeatsAsia