Aurelion Treasury: NASDAQ's First Tether Gold Treasury, $150 Million Financing Secured

Prestige Wealth Inc. (NASDAQ: PWM) has signed and closed a $150 million financing deal for Aurelion Treasury, initiating NASDAQ's first Tether Gold Treasury. The company plans to rename itself Aurelion Inc. (NASDAQ: AURE) subject to approvals. The financing includes a $100 million private placement and a $50 million senior debt facility. The majority of the net proceeds will fund the acquisition of Tether Gold as the treasury reserve asset.