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.