Aurelion Treasury Launches First Tether Gold Treasury on Nasdaq with $150M Backing

Highlights:

• Aurelion becomes the first Tether Gold treasury on Nasdaq with $150 million in funding.
• Antalpha led the financing, acquiring the majority of Aurelion’s voting rights.
• Aurelion will use Tether Gold (XAUT) tokens as its primary reserve asset.

The Nasdaq-listed Prestige Wealth will change its name to Aurelion Inc. after raising $150 million in capital funding. The firm will introduce the first Nasdaq-traded tokenized gold (XAUT) treasury using tokenized gold (XAUT) as the core reserve.

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Antalpha Platform Holding was the primary financier, investing $43 million. The financing will consist of a PIPE round of $100 million and a senior debt facility of up to $50 million that has a maturity of three years, as per the SEC filing. Provided that the final regulatory approval is obtained, Aurielion will commence trading under a new ticker symbol, AURE, on October 13, 2025.

Accredited investors also came on board along with Antalpha. Tether, by TG Commodities S.A. de C.V., added $15 million, and Kiara Capital put in $6 million. The majority of the funds raised will be used to purchase Tether Gold (XAUT), which will become the only reserve asset of Aurelion.

XAUT is a token of gold that is backed by a troy ounce of gold per unit. In Switzerland, the gold is stored in LBMA-certified vaults. Moreover, Tether already has over 7.66 tons of gold to back around 250,000 XAUT tokens in circulation.

Antalpha Leads $150M Aurelion Financing for NASDAQ's First Tether Gold Treasury

At the pivotal intersection of cryptocurrency and traditional finance, Antalpha's $150 million financing into Aurelion marks the birth of NASDAQ's inaugural dedicated Tether Gold (XAU₮) treasury.… pic.twitter.com/pgZUpCy32Q

— KeyNews (@KeyNewsEN) October 10, 2025

Antalpha Strengthens Its Hold with New Reserve Expansion

Antalpha has now acquired 32.4% of the equity of Aurelion and controls 73.1% of the voting rights. The move provides Antalpha with decisive power in the future of Aurelion. Moreover, the funding helps Antalpha achieve its overarching Reserve 2.0 program to expand institutional exposure to tokenized real-world assets.

This treasury move comes after a pilot purchase of Tether Gold of up to $20 million earlier this year. Recently, Antalpha also introduced the Antalpha RWA Hub in collaboration with Tether. The initiative aims to enhance access and visibility to products for holders of tokenized gold.

We are proud to announce the expansion of our collaboration with @Tether_to, further integrating Tether Gold ($XAU₮) @tethergold into our RWA Hub.

Through this partnership, we will now offer $XAU₮-backed lending and full-stack infrastructure solutions, making digital gold more… pic.twitter.com/eXaGQpoY0N

— Antalpha Global (@AntalphaGlobal) September 29, 2025

Antalpha CFO Paul Liang expressed his excitement about the partnership with Tether. He stated:

“When it is possible to enter a jewelry store and redeem a gold bar using Tether Gold, digital assets will be more tangible.”

Liang also pointed out the need to own gold as a hedge against fiat devaluation, as well as crypto volatility. He said that we intend to enhance the collateral resilience and protect the balance sheet.

Tether Gold Treasury Sparks Market Interest and Future Potential

The move by Aurelion to a Tether Gold treasury also arrives at a time when traditional finance companies are considering blockchain-based assets. CEO of TerraUSD, Bjorn Schmidtke, said, “We need a stablecoin that can counter inflation. I consider Tether’s XAUT to be digital gold.”

Schmidtke furthermore believes the physical support of the token provides long-term protection. He sees XAUT as being convenient for everyday payment, even for utility bills. The idea is to make the asset eventually redeemable for physical gold in more accessible ways.

Currently, one full gold bar can be redeemed for at least 430 XAUT. However, Aurelion and its associates are looking to develop more flexible and direct redemption channels as adoption increases. The market responded swiftly as Prestige Wealth’s share (PWM) increased by 15% after the announcement. However, the stock is still down more than 88% from its IPO, according to Yahoo Finance.

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