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Antalpha Gains Voting Control of Prestige Wealth in $100 Million PIPE to Launch NASDAQ’s First Tether Gold Treasury

A name change to Aurelion with a NASDAQ ticker of AURE is slated for October 13 pending approvals.

Overview

  • Antalpha invested about $43 million as lead in the committed PIPE, securing roughly 32.4% equity and approximately 73.1% of voting rights.
  • Aurelion will hold its corporate treasury exclusively in Tether Gold (XAU₮), which the release presents as the exchange’s first pure-play XAU₮ treasury.
  • Tether committed $15 million and Kiara Capital invested $6 million alongside Antalpha in the ~ $100 million financing.
  • The company outlines additional financing plans that include a proposed $100 million private placement and a $50 million senior debt facility to support further XAU₮ purchases.
  • Antalpha scheduled a briefing for October 14 at 8:30 a.m. ET to discuss the transaction and its Reserve 2.0 strategy.