Prestige Wealth Inc. (NASDAQ: PWM) is set to change its name to Aurelion Inc. (NASDAQ: AURE) pending approvals. Antalpha has invested $43 million as a lead investor in a PIPE financing round, with the participation of Tether and Kiara Capital. The new Aurelion Treasury will exclusively hold Tether Gold (XAU₮) to increase accessibility to tokenized gold.
Antalpha’s investment in Aurelion’s $100 million PIPE financing round aims to bolster Aurelion’s balance sheet with Tether Gold (XAU₮) to increase collateral resilience and liquidity. The transaction also includes accredited investors Kiara Capital and Tether, with Antalpha acquiring a 32.4% stake in Aurelion.
Antalpha will host a conference call on October 14, 2025, to discuss the transaction. The company specializes in providing financing, technology, and risk management solutions for institutions in the digital asset industry. Aurelion, NASDAQ’s first Tether Gold (XAU₮) treasury, offers stability through physical gold on the blockchain.
Tether Gold (XAU₮) is a digital asset backed by physical gold stored in Switzerland. Since its launch in 2020, approximately 7 tons of gold have been acquired to back Tether Gold (XAU₮), ensuring transparency and liquidity. Antalpha’s investment in Aurelion aims to increase stability and collateral resilience with Tether Gold (XAU₮) holdings.
Read more at GlobeNewswire: Antalpha Anchors $150 Million Financing in Aurelion