Aurelion Launches NASDAQ's First Digital Gold Treasury to Solve Custody and Liquidity Challenges

Prestige Wealth Inc. (NASDAQ: PWM), now rebranded as Aurelion Inc. (NASDAQ: AURE), has completed a $150 million financing round to launch its Tether Gold (XAU₮) treasury, marking NASDAQ's first publicly listed digital gold reserve. The funding includes a $100 million private placement (PIPE) and a $50 million senior debt facility, with Antalpha Platform Holding Company (NASDAQ: ANTA) as the lead investor. Other participants include Tether and Kiara Capital, contributing $15 million and $6 million, respectively Prestige Wealth Inc. (NASDAQ: PWM) Signs and Closes Approx. 150 Million Financing for Aurelion Treasury^[1]. The company announced its rebranding and ticker change to AURE, effective October 13, 2025 Prestige Wealth Inc. (NASDAQ: PWM) Signs and Closes Approx. 150 Million Financing for Aurelion Treasury^[1].

The PIPE transaction involves 278 million units, each comprising shares and warrants, with gross proceeds of $290 million, including $140 million from potential warrant exercises. Proceeds will primarily fund the acquisition of XAU₮, a tokenized gold asset representing one troy ounce of LBMA-certified gold. The $50 million debt facility, secured by $67 million of XAU₮ holdings, carries a 6% annual interest rate and allows prepayment without penalties Prestige Wealth Inc. (NASDAQ: PWM) Signs and Closes Approx. 150 Million Financing for Aurelion Treasury^[1].

Aurelion's strategy combines physical gold's stability with blockchain efficiency, aiming to create a yield-generating treasury. The company plans to leverage unencumbered gold holdings as collateral for lending, generating 50–100 basis points in annualized yield for Antalpha. This approach addresses traditional gold investment limitations, such as custody fees and liquidity constraints, while offering daily on-chain verification Prestige Wealth Inc. (NASDAQ: PWM) Signs and Closes Approx. 150 Million Financing for Aurelion Treasury^[1].

Key leadership changes include Björn Schmidtke as CEO, a veteran Bitcoin miner and McKinsey alumnus, replacing Kazuho Komoda. Antalpha has secured two board seats, and a strategic advisory committee featuring Gemini's Rohan Chauhan will guide treasury strategy Prestige Wealth Inc. (NASDAQ: PWM) Signs and Closes Approx. 150 Million Financing for Aurelion Treasury^[1].

Antalpha's CFO, Paul Liang, emphasized the initiative's role in expanding the digital gold ecosystem, enabling XAU₮ redemption for physical gold via Antalpha RWA Hub. The platform aims to enhance liquidity and product offerings for tokenized gold, aligning with broader trends in real-world asset (RWA) tokenization Prestige Wealth Inc. (NASDAQ: PWM) Signs and Closes Approx. 150 Million Financing for Aurelion Treasury^[1].

The move reflects growing demand for gold-backed stablecoins amid inflationary pressures and crypto volatility. Tether Gold (XAU₮), with a $1.5 billion market cap, is backed by over 7.66 tons of physical gold, offering institutional-grade transparency Antalpha Anchors $150 Million Financing in Aurelion Treasury…^[4]. Aurelion's dashboard will provide real-time updates on XAU₮ holdings and treasury metrics, reinforcing transparency Prestige Wealth Inc. (NASDAQ: PWM) Signs and Closes Approx. 150 Million Financing for Aurelion Treasury^[1].