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Prestige Wealth Secures $150M to Transform into Tether Gold Treasury Powerhouse

Prestige Wealth Secures $150M to Transform into Tether Gold Treasury Powerhouse

Author:
CoindeskEN
Published:
2025-10-10 14:14:48
22
2

Prestige Wealth Raises $150M to Become Tether Gold Treasury Vehicle

Gold-backed crypto gets major institutional validation as Prestige Wealth positions itself as Tether's golden chariot.

The $150 Million Transformation

Prestige Wealth isn't just dipping toes in digital gold—they're diving headfirst with a massive $150 million war chest. This positions them as the primary treasury vehicle for Tether Gold, creating the ultimate bridge between traditional gold reserves and blockchain efficiency.

Gold Meets Blockchain

Tether Gold tokenizes physical gold holdings, and now Prestige Wealth becomes the institutional gateway. They're cutting through traditional gold market inefficiencies like a hot knife through butter—bypassing storage headaches and settlement delays that make traditional gold traders age prematurely.

Because apparently, storing gold in vaults and moving paper certificates is so twentieth century.

This move signals that even the oldest stores of value are getting blockchain makeovers—while Wall Street still figures out how to pronounce 'cryptocurrency.'

|Square

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