Aurelion Mints "Real Digital Gold" with Nasdaq Treasury Debut

Aurelion Treasury, a rebranded entity of Prestige Wealth Inc. (NASDAQ: PWM), has secured $150 million in financing to establish Nasdaq's first Tether Gold (XAU₮)-backed corporate treasury. The funding includes a $100 million private placement led by Antalpha Platform Holding Company (NASDAQ: ANTA) and a $50 million senior debt facility Antalpha Anchors $150 Million Financing in Aurelion Treasury...^[1]. Antalpha, which invested $43 million, now holds a 32.4% equity stake and 73.1% voting rights in Aurelion, positioning it as the controlling shareholder. Additional participants include Tether (through its subsidiary TG Commodities) with a $15 million investment and Kiara Capital contributing $6 million Antalpha leads $150 million Aurelion financing to establish Tether …^[2].

The treasury will be entirely backed by Tether Gold, a digital asset representing one troy ounce of LBMA-standard gold stored in Swiss vaults. Since its 2020 launch, Tether Gold has accumulated approximately 7 tons of physical gold reserves, offering institutional-grade transparency and redeemability Antalpha Partners with Aurelion for $150 Million Financing to …^[3]. Aurelion plans to allocate most of the financing to acquire XAU₮ tokens, leveraging their stability to hedge against inflation, fiat devaluation, and crypto market volatility. Antalpha's CFO, Paul Liang, emphasized the initiative's role in enhancing liquidity and collateral resilience for digital assets Antalpha Anchors $150 Million Aurelion Treasury—NASDAQ's First …^[4].

The transaction marks a strategic shift for Antalpha, aligning with its Reserve 2.0 program to scale tokenized gold reserves. By integrating Tether Gold into institutional infrastructure, Antalpha aims to strengthen its balance sheet while expanding access to a "safe haven" asset. The move also underscores growing institutional confidence in asset-backed tokens, with Tether Gold's market capitalization exceeding $680 million as of March 2025 Tether Gold (XAUT) Explained: How Crypto Tracks Real …^[5].

Aurelion's rebranding is set to take effect on October 13, 2025, with the company trading under the new ticker AURE on Nasdaq. The leadership transition includes Björn Schmidtke, a former Bitcoin miner and McKinsey alumnus, as CEO. Schmidtke highlighted Tether Gold's potential to redefine digital wealth management, describing it as "the real digital gold" due to its redeemability for physical bullion Prestige Wealth Rebrands as Aurelion, Seeks Nasdaq’s First …^[6].

The financing structure includes a 36-month senior debt facility secured by $67 million in Tether Gold, with an annual interest rate of 6% compounded monthly. Proceeds from the PIPE and warrants, if fully exercised, could raise gross proceeds to $290 million, with $280 million earmarked for XAU₮ purchases. Antalpha will utilize unencumbered gold holdings as collateral to generate yields for Aurelion, further diversifying its revenue streams Aurelion (formerly Prestige Wealth) is launching Nasdaq’s first Tether Gold-backed corporate treasury…^[7].

Market reactions to the announcement were mixed, with Aurelion's stock (PWM) surging 35% pre-market before retreating. Analysts note that while the move positions Aurelion as a pioneer in tokenized gold, challenges such as regulatory scrutiny and market volatility remain. The company's Digital Treasury Dashboard, planned for launch, aims to provide real-time transparency on XAU₮ holdings and treasury metrics Aurelion launches XAUT treasury: Nasdaq-listed Aurelion secured $150M…^[8].