Prestige Wealth Acquires $134M in Tether Gold (XAU₮) as Aurelion Inc. Emerges as a Digital Treasury Powerhouse

• What’s Behind Prestige Wealth’s $134M Tether Gold Purchase?
• How Did Aurelion Inc. Secure $150M in Financing?
• Why Is Tokenized Gold Gaining Traction?
• What Role Does Antalpha Play in This Ecosystem?
• How Does This Partnership Benefit Investors?
• What’s Next for Aurelion and Tether Gold?
• FAQs

In a landmark move, Prestige Wealth Inc., a subsidiary of Antalpha, has completed a $134 million purchase of Tether Gold (XAU₮) at $4,021 per token. This acquisition coincides with the rebranding of the Tether Gold treasury to Aurelion Inc., which recently secured $150 million in financing. The deal underscores the growing institutional interest in tokenized gold as a hedge against market volatility. With Antalpha taking a controlling stake and Tether holding an 8.1% share in the venture, this collaboration is poised to reshape the digital asset treasury landscape. Here’s a deep dive into the implications, the players involved, and what this means for the future of gold-backed digital assets.

What’s Behind Prestige Wealth’s $134M Tether Gold Purchase?

Prestige Wealth Inc., a subsidiary of Antalpha, has made waves in the digital asset space with its $134 million acquisition of Tether Gold (XAU₮). The purchase, executed at $4,021 per token, signals strong institutional confidence in gold-backed digital assets. This isn’t just another crypto trade—it’s a strategic move to bridge traditional finance with blockchain efficiency. According to CoinMarketCap, Tether Gold’s market cap now hovers around $1.5 billion, making it one of the largest tokenized gold projects globally.

How Did Aurelion Inc. Secure $150M in Financing?

Aurelion Inc., formerly the Tether Gold treasury, recently closed a $150 million financing round. The breakdown? $100 million came from PIPE (Private Investment in Public Equity) proceeds, while the remaining $50 million was secured through a three-year senior debt facility. Antalpha Platform Holding Company led the charge with a $43 million PIPE investment, granting it controlling voting rights. This funding will likely fuel Aurelion’s ambitions to become a dominant player in digital asset treasuries.

Why Is Tokenized Gold Gaining Traction?

Bjørn Schmidtke, CEO of Aurelion, puts it bluntly: “Gold’s stability meets blockchain’s transparency.” In an era where inflation and crypto volatility keep investors awake at night, tokenized gold offers a rare combo of safety and efficiency. Schmidtke calls this a “defining milestone” for Aurelion and the broader adoption of gold-backed tokens. The structure allows for regulatory compliance, yield generation, and daily on-chain verification—features that traditional gold holdings can’t match.

What Role Does Antalpha Play in This Ecosystem?

Antalpha isn’t just a bystander; it’s a key architect of this new financial frontier. The firm’s CFO, Paul Liang, emphasizes that their collaboration with Tether aims to “expand the digital gold ecosystem.” Antalpha’s Prime platform will soon offer Tether Gold-backed loans, with Aurelion providing unencumbered XAU₮ as collateral. This arrangement allows Antalpha to scale its lending operations without straining its balance sheet—a win-win for both parties.

How Does This Partnership Benefit Investors?

For starters, it enhances liquidity. As redeeming gold bars via Tether Gold becomes mainstream, digital assets will become more accessible to retail and institutional investors alike. Antalpha’s risk management framework also promises to bolster collateral resilience, preserving liquidity even during market downturns. And let’s not forget the tech fee Aurelion earns for leasing its gold reserves—a clever way to monetize idle assets.

What’s Next for Aurelion and Tether Gold?

Aurelion plans to keep Tether Gold as its sole treasury reserve while independently managing asset and wealth operations. Meanwhile, Antalpha’s newly launched RWA Hub (Real World Assets) aims to democratize access to tokenized gold. With Tether holding an 8.1% stake in Antalpha, this partnership is more than a fleeting alliance—it’s a long-term play to merge traditional finance with blockchain innovation.

FAQs

What is Tether Gold (XAU₮)?

Tether Gold is a digital token backed by physical gold, with each XAU₮ representing ownership of one troy ounce of gold stored in a Swiss vault.

Who owns Aurelion Inc.?

Aurelion Inc. is majority-controlled by Antalpha Platform Holding Company, with Tether holding a minority stake.

How does Tether Gold differ from other gold-backed tokens?

Tether Gold offers daily on-chain verification, regulatory compliance, and the ability to redeem physical gold bars—features that set it apart from competitors.