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Antalpha Takes Voting Control as Aurelion Builds Nasdaq’s First Tether Gold Treasury

A $150 million financing advances a tokenized-gold reserve strategy with planned lending and redemption services.

Overview

  • Prestige Wealth closed roughly $150 million in funding, consisting of a $100 million PIPE and a three-year $50 million senior debt facility.
  • Antalpha invested about $43 million and now holds approximately 73.1% of voting rights and 32.4% economic interest, with Tether contributing $15 million and Kiara Capital $6 million.
  • Aurelion committed its treasury to Tether Gold and purchased about $134 million of XAU₮, described as the first pure‑play XAU₮ treasury on Nasdaq.
  • The company is expected to be renamed Aurelion Inc. and to trade under the ticker AURE, subject to approvals.
  • Antalpha calls the move the next phase of its Reserve 2.0 program after a $20 million pilot, with potential XAU₮‑backed loans and physical bar redemption services in development.