Asset management firm Prestige Wealth Inc. secures $150 million to launch NASDAQ’s first Tether Gold Treasury, rebranding as Aurelion Inc. Trading as “AURE” starts October 13, 2025. Antalpha Platform Holdings leads $100 million private placement, total gross proceeds reach $150 million. Aurelion plans to acquire Tether Gold for its treasury reserves. Incoming CEO Björn Schmidtke touts Tether Gold as a “true digital gold” standard, blending blockchain transparency with physical stability. Antalpha CFO Paul Liang emphasizes strengthening the “digital gold ecosystem” and expanding Tether Gold’s liquidity. Aurelion plans to generate yield from unencumbered gold holdings and announces key leadership changes. The company positions itself as the first NASDAQ-listed Tether Gold Treasury, offering annualized returns between 50-100 basis points. Aurelion becomes the first NASDAQ-listed firm to hold tokenized gold, promising the security of physical commodities with digital market efficiency. Prestige Wealth Inc. shares rise 14.4% to $1.19 following the funding announcement, reflecting investor interest in the shift towards tokenized gold-backed assets and planned rebrand to Aurelion Inc. Trading under the ticker symbol “AURE,” the stock shows heightened volatility amid the strategic pivot into blockchain-integrated asset management.

Read more at Yahoo Finance: Prestige Wealth Raises $150M and Rebrands as Aurelion