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Nasdaq-Listed Antalpha Platform Buys $134M Tether Gold, XAU₮

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Antalpha Platform, a U.S.-based financial technology company listed on Nasdaq, has adopted Tokenized Gold as its primary treasury asset. Notably, this positions the fintech firm as the first of its kind, paving the way for other publicly traded companies to establish a tokenized gold treasury.

Tokenized gold is a digital representation of physical gold on a blockchain. Each token represents a certain amount of gold. It allows investors to buy, sell, and trade gold in a digital format, reducing costs and increasing efficiency.

$134 Million XAU₮ Investment

According to data from CoinMarketCap, the global tokenized gold market is valued at more than $2.6 billion, with over 25 tokens on the list. Out of the multiple choices, Antalpha purchased XAU₮, a tokenized version of gold launched by famous crypto stablecoin issuer, Tether; thus, strengthening its partnership with the company.

To raise funds for its recently established XAU₮ reserve, the firm completed $150 million in Aurelion financing. This includes approximately $100 million in PIPE proceeds and a $50 million, three-year senior debt facility.

The company spent $134 million to purchase approximately 33,320 XAU₮ at an average price of 4,021.81 per token.

Notably, Antalpha did not directly purchase XAU₮; instead, it acquired the asset via its subsidiary Prestige Wealth Inc., which will soon be rebranded to Aurelion Inc. The firm’s stock, which formerly traded as PWM on Nasdaq, was renamed to AURE on October 13, 2025. Sadly, the stock is down by 12% from its price yesterday.

More Institutions Establish Crypto Reserves

While Antalpha is the first to establish an XAU₮ reserve, many publicly-listed companies have adopted diverse cryptocurrencies for their treasuries, planning to hold on to their positions for the long term.

One of the top firms on this list includes American-based crypto miner, BitMine, which holds about 3.03 million units of ether (ETH), the world’s second-largest cryptocurrency. As revealed in a recent report, its ETH bag is worth over $12 billion despite the crypto market downtrend.

The post Nasdaq-Listed Antalpha Platform Buys $134M Tether Gold, XAU₮ appeared first on CoinTab News.

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