Antalpha leads $150mln financing, anchors $100mln private placement, names Björn Schmidtke CEO.

Antalpha has anchored a $150 million financing deal for Prestige Wealth Inc. through a $100 million private placement and a $50 million senior debt facility. Björn Schmidtke will serve as CEO of the company. The majority of the net proceeds will be used to fund the acquisition of Tether Gold as the company's treasury reserve asset.

Antalpha Platform Holding Company (NASDAQ: ANTA) has anchored a $150 million financing deal for Prestige Wealth Inc. (NASDAQ: PWM), involving a $100 million private placement and a $50 million senior debt facility. The funding will primarily be used to acquire Tether Gold (XAU₮) as the company's treasury reserve asset Prestige Wealth Inc. (NASDAQ: PWM) Signs and Closes Approx. $150 Million Financing for Aurelion Treasury; Initiating NASDAQ’s First Tether Gold Treasury; Prestige Wealth Inc. (NASDAQ: PWM) Plans to be Renamed to Aurelion Inc. (NASDAQ: AURE) Subject to Approvals^[1].

Björn Schmidtke will serve as the CEO of the newly renamed Aurelion Inc. (NASDAQ: AURE), which is expected to commence trading under the new ticker on October 13, 2025. Schmidtke, a long-time bitcoin miner, sees Tether Gold (XAU₮) as a stablecoin that can fight inflation and serve as a daily necessity for paying bills Prestige Wealth Inc. (NASDAQ: PWM) Signs and Closes Approx. $150 Million Financing for Aurelion Treasury; Initiating NASDAQ’s First Tether Gold Treasury; Prestige Wealth Inc. (NASDAQ: PWM) Plans to be Renamed to Aurelion Inc. (NASDAQ: AURE) Subject to Approvals^[1].

The private placement includes investments from anchor investor Antalpha and other accredited investors such as TG Commodities S.A. de C.V. (Tether) and Kiara Capital Holding Limited. Antalpha's Real-World Assets (RWA) Hub will facilitate the liquidity and services for gold-based RWAs, including Tether Gold Prestige Wealth Inc. (NASDAQ: PWM) Signs and Closes Approx. $150 Million Financing for Aurelion Treasury; Initiating NASDAQ’s First Tether Gold Treasury; Prestige Wealth Inc. (NASDAQ: PWM) Plans to be Renamed to Aurelion Inc. (NASDAQ: AURE) Subject to Approvals^[1].

Antalpha's CFO, Paul Liang, expressed excitement about collaborating with Tether to expand the trusted digital gold ecosystem. The deal aims to increase access to tokenized gold, serving as a safe haven against inflation, currency devaluation, and crypto volatility Prestige Wealth Inc. (NASDAQ: PWM) Signs and Closes Approx. $150 Million Financing for Aurelion Treasury; Initiating NASDAQ’s First Tether Gold Treasury; Prestige Wealth Inc. (NASDAQ: PWM) Plans to be Renamed to Aurelion Inc. (NASDAQ: AURE) Subject to Approvals^[1].

The transaction highlights the growing interest in digital assets and the need for stable, tangible assets in the digital economy. Aurelion aims to provide investors with a unique opportunity to hold tokenized gold reserves, combining the stability of physical gold with the efficiency of blockchain technology Prestige Wealth Inc. (NASDAQ: PWM) Signs and Closes Approx. $150 Million Financing for Aurelion Treasury; Initiating NASDAQ’s First Tether Gold Treasury; Prestige Wealth Inc. (NASDAQ: PWM) Plans to be Renamed to Aurelion Inc. (NASDAQ: AURE) Subject to Approvals^[1].