Aurelion Treasury Launches Nasdaq’s First Tether Gold-Backed Reserve

Prestige Wealth Inc. has secured a $150 million financing deal to establish the first Nasdaq-listed company with Tether Gold as its primary treasury asset. This marks a pivotal shift in corporate reserve strategies, replacing traditional cash holdings with tokenized gold—each digital token backed by one ounce of physical gold stored in Swiss vaults.

The financing structure combines a $100 million private investment led by Antalpha Platform Holding, with participation from Tether and Kiara Capital, alongside a $50 million secured loan. Aurelion plans to allocate $280 million toward acquiring Tether Gold tokens, collateralizing the loan against $67 million of its gold reserves.

Antalpha now commands 73.1% voting power post-transaction, cementing its influence over corporate decisions. Tether Gold (XAU₮) diverges from conventional cryptocurrencies by offering direct exposure to physical gold—a hybrid of digital efficiency and commodity-backed stability.