Quick Takeaways:
- Aurelion Treasury launches Nasdaq’s inaugural Tether Gold-second reserve
after raising $150 million in funding from Antalpha and other investors. - The fellowship will agree on Tether Gold (XAUT) as its primary reserve asset, aiming
to hit it for strong-arm gold in the future. - Prestige Wealth (PWM) rebrands to Aurelion Treasury, with its lineage surging 19%
following the Tether Gold treasury announcement.
A major milestone in the optical fusion of traditional finance and digital assets has arrived as Aurelion Treasury launches Nasdaq’s first Tether Au-backed reserve. Erst known as Prestige Wealth, the Nasdaq-listed asset management firm has rebranded to Aurelion Treasury as it embraces blockchain innovation and tokenized commodities.
The company has fixed $150 million in total financing to support the cosmos of this gold-gage treasury. This includes a $100 million Private Investment in Public Equity (PIPE) led by Antalpha Platform Holding Company, with involvement from accredited investors such as TG Commodities S. A. de C. V. (Tether). Additionally, Aurelion has obtained a $50 million senior debt facility from Antalpha Management, harmonise to a recent SEC filing.
Most of the raised capital will go toward acquiring Tether Gold (XAUT) tokens, which will function as Aurelion’s primary reserve asset. CEO Björn Schmidtke emphasized the company’s long-term opinion in digital assets, stating, “I am bullish on Bitcoin in the long run, but we too need a stable plus that can hedge against inflation and role in everyday enjoyment. Tether’s XAUT stage substantial digital gold. ”
Aurelion Treasury’s Vision: Piss Gold Really Redeemable
The move positions Aurelion as the initial Nasdaq holder of Tether Gold (XAUT) in its stockpile. Over time, the company plans to make these items redeemable for physical gold, bridging the disruption between digital finance and real commodities.
“Digital assets will become far more tangible when consumers can walk into a jewelry store and substitute Tether Gold (XAU₮) for a real gold bar, ” contributes Paul Liang, CFO of Antalpha, Aurelion’s parent company.
Following the announcement, Prestige Wealth’s bloodline (PWM) surged 19% on Friday, speculating hard investor enthusiasm for the pivot to tokenized gold reserves. Despite this, the stock remains down over 94% since its initial launch, harmonise to Yahoo Finance data. Matter to regulative approval, Aurelion Treasury will begin trading under its new Nasdaq ticker symbol “AURE” starting Monday, marking the start of a novel ERA in Au-backed digital finance.
Following the announcement, Prestige Wealth’s bloodline (PWM) surged 19% on Friday, speculating hard investor enthusiasm for the pivot to tokenized gold reserves. Despite this, the stock remains down over 94% since its initial launch, harmonise to Yahoo Finance data.
Matter to regulatory approval, Aurelion Treasury will begin trading under its new Nasdaq ticker symbol “AURE” starting Monday, marking the start of a novel ERA in Au-backed digital finance.
