Prestige Wealth Raises $150M to Launch Tether Gold Treasury Vehicle

Prestige Wealth has closed a $150 million financing round to launch a digital asset treasury focused on Tether Gold, backed by a private placement of $100 million from Antalpha and $50 million in senior debt. The treasury will hold tokenized gold reserves, offering an alternative to conventional reserves like cash or fiat stablecoins. The funding will be used to acquire tokenized gold reserves and build a publicly verifiable, blockchain-native treasury.

Prestige Wealth Inc. (PWM) has successfully closed a $150 million financing round to establish a digital asset treasury focused on Tether Gold (XAUT). The funding round, which includes a private placement of $100 million from Antalpha and $50 million in senior debt, will be used to acquire tokenized gold reserves and develop a publicly verifiable, blockchain-native treasury 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^[2].

The treasury, which will be renamed Aurelion Inc. and trade under the new ticker (NASDAQ: AURE), aims to provide a stable and secure investment option in the face of inflation, currency devaluation, and crypto volatility. Tether Gold (XAUT), a gold-backed token offered by TG Commodities S.A. de C.V., will serve as the primary reserve asset, with each token representing one troy fine ounce of gold on a London Good Delivery bar 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^[2].

The funding will be used to purchase Tether Gold (XAUT) tokens, with a significant portion of the net proceeds allocated to this purpose. The senior debt facility will be secured by a first-priority perfected lien on $67 million of the company’s Tether Gold (XAUT) reserves, held in a controlled account. The facility matures 36 months after funding and can be mutually extended 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^[2].

The transaction is notable for several reasons. Firstly, it positions Aurelion as the first pure-play NASDAQ-listed Tether Gold (XAUT) treasury, offering yield, transparency, regulatory compliance, and daily on-chain verification. Secondly, it combines physical gold security with blockchain efficiency, creating a yield-generating digital treasury. Digital gold, mostly in ETF form, has a market capitalization over $200 billion, but only about 1% of that is currently on the blockchain. Aurelion plans to generate a leveraged return from the Facility and yield on unencumbered gold holdings 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^[2].

The transaction is anchored by Antalpha, a leading digital asset financing platform, which provides liquidity infrastructure and a strong foundation for building the Tether Gold (XAUT) treasury. The company plans to launch a Digital Treasury Dashboard to provide updates on Tether Gold (XAUT) holdings, net asset value (NAV), and treasury metrics 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^[2].