NASDAQ’s First Tether Gold Treasury: Prestige Wealth Raises $150M and Rebrands as Aurelion
Asset administration agency Prestige Wealth Inc. introduced Friday that it has secured about $150 million in funding to create NASDAQ’s first Tether Gold Treasury, as a part of a broader plan to include tokenized gold into its reserve belongings.
In a press release the agency additionally introduced plans to rebrand as Aurelion Inc. topic to regulatory approval, with buying and selling underneath the brand new ticker “AURE” anticipated to start on October 13, 2025.
Antalpha Anchors $150 Million Financing Round
The transaction was anchored by Antalpha Platform Holding Company which led a $100 million non-public placement alongside buyers together with Tether’s TG Commodities S.A. de C.V. and Kiara Capital Holding Limited. An extra $50 million senior debt facility brings whole gross proceeds to roughly $150 million.
According to the announcement, round $280 million of potential proceeds from this and warrant workout routines will fund the acquisition of Tether Gold as Aurelion’s treasury reserve asset — creating the primary publicly listed, on-chain gold-backed treasury on NASDAQ.
Aurelion Treasury: Redefining Digital Reserve Standards
Incoming CEO Björn Schmidtke, previously chairman and co-founder of Bitcoin mining agency Penguin Group, described Aurelion Treasury as a “new normal” in digital wealth preservation.
“I’m bullish on Bitcoin long run, however Tether Gold represents actual, redeemable worth — the true digital gold,” Schmidtke stated. “Aurelion Treasury is a totally backed, verifiable gold reserve, mixing blockchain transparency with bodily stability.”
Antalpha CFO Paul Liang added that the initiative strengthens the rising “digital gold ecosystem.” Through Antalpha’s Real-World Asset (RWA) Hub, the agency plans to increase Tether Gold’s liquidity and real-world redemption choices — together with the flexibility for customers to redeem gold bars instantly.
Strategic Vision and Leadership Transition
With the rebrand to Aurelion Inc., the corporate positions itself as the primary pure-play NASDAQ-listed Tether Gold Treasury, combining blockchain effectivity with the resilience of bodily gold.
Aurelion stated it plans to generate yield from its unencumbered gold holdings by offering collateral by means of Antalpha’s lending platform, providing annualized returns between 50–100 foundation factors.
The firm additionally introduced key management adjustments: Kazuho Komoda has stepped down as CEO, Zimuyin Jiangbecomes Chief Accounting Officer, and Wei Gao transitions to guide non-public wealth administration.
Antalpha will acquire two board seats, and a brand new Strategic Advisory Committee — together with Rohan Chauhan, Director of Strategy at Gemini — will information treasury coverage.
Aurelion’s Gold-Backed Future
“Tokenized gold presents a secure basis for digital finance,” Schmidtke stated. “In unstable markets, actual belongings on-chain give buyers certainty and confidence.”
With this transfer, Aurelion turns into the primary NASDAQ-listed agency to carry tokenized gold as a core reserve asset, mixing the safety of bodily commodities with the velocity and transparency of digital markets.
Shares of Prestige Wealth Inc. rose sharply on Friday, climbing 14.4% to $1.19 as of 11:04 a.m. EDT, following the corporate’s announcement that it had secured $150 million in financing to launch NASDAQ’s first Tether Gold Treasury.
The inventory opened at $1.40, reaching an intraday high of $1.46 earlier than paring beneficial properties. With a market capitalization of $57.4 million, the surge displays renewed investor curiosity within the agency’s shift towards tokenized gold-backed belongings and its deliberate rebrand to Aurelion Inc. (NASDAQ: AURE).
The inventory has traded between a 52-week low of $0.31 and a high of $2.70, highlighting heightened volatility as buyers react to the corporate’s strategic pivot into blockchain-integrated asset administration.
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