Aurelion (formerly Prestige Wealth) is launching Nasdaq’s first Tether Gold-backed corporate treasury, securing $150 million via a $100M PIPE and a $50M senior debt facility to acquire Tether Gold (XAUT) as its primary reserve asset.
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Nasdaq-listed Aurelion establishes a Tether Gold (XAUT) treasury backed by $150M funding.
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Funding includes a $100M PIPE from Antalpha Platform Holding Company and a $50M three-year senior debt facility.
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Tether Gold (XAUT) is redeemable for physical gold; 430 XAUT required to redeem one full gold bar (per Tether).
Tether Gold-backed corporate treasury: Aurelion secures $150M to hold XAUT as reserve — read how this affects tokenized gold and Nasdaq listings.
What is Aurelion’s Tether Gold-backed corporate treasury?
Aurelion’s Tether Gold-backed corporate treasury is a corporate reserve strategy where the Nasdaq-listed company will hold Tether Gold (XAUT) tokens as its primary reserve asset after completing a $150 million financing package. The move converts digital gold tokens into a Treasury reserve intended to support corporate stability and asset diversification.
How was the $150 million funding structured?
Aurelion closed a $100 million Private Investment in Public Equity (PIPE) led by Antalpha Platform Holding Company and other accredited investors, including TG Commodities S.A. de C.V. (Tether). The company also arranged a three-year $50 million senior debt facility from Antalpha Management.
Most proceeds will be used to acquire XAUT tokens. The financing was disclosed in a filing with the U.S. Securities and Exchange Commission, confirming the capital commitment and the intended use of funds.
Prestige Wealth, PIPE financing filing. Source: SEC
Why is Aurelion choosing Tether Gold (XAUT) as a reserve asset?
Aurelion’s leadership cites the perceived stability and inflation-resistance of tokenized gold. CEO Björn Schmidtke said he views XAUT as “the real digital gold,” and emphasized a long-term bullish stance on bitcoin while favoring a stable, commodity-backed token for daily utility and treasury reserves.
Antalpha CFO Paul Liang noted that making XAUT redeemable for physical gold over time could make digital assets more tangible for mainstream users.
Tether XAUT redemptions. Source: gold.tether.to
How does XAUT redemption work?
Tether’s XAUT is currently redeemable for physical gold through Tether’s redemption mechanism. According to Tether, one full gold bar redemption requires at least 430 XAUT tokens. Redemption logistics, fees and minimums are set by Tether and subject to their terms.
What was the market reaction to the announcement?
Prestige Wealth’s stock (PWM) jumped roughly 19% on the day of the announcement. Despite the intraday surge, PWM’s stock price remains more than 94% below its IPO level, according to data from Yahoo Finance. Subject to approvals, the company expects to begin trading under the new ticker symbol AURE on Nasdaq.
PWM, 1-day chart. Source: Yahoo Finance
Frequently Asked Questions
Is Aurelion the first Nasdaq-listed company to hold Tether Gold?
Yes. Aurelion is positioned to be the first Nasdaq-listed corporate treasury to hold Tether Gold (XAUT) in reserve, per the company’s SEC filing and public statements.
How much XAUT will Aurelion hold as reserves?
The company stated most of the $150 million will be used to acquire XAUT, but it has not disclosed an exact token quantity. Token acquisition will depend on market prices at execution.
Will XAUT be redeemable for physical gold by the public?
Tether currently allows redemptions of XAUT for physical gold, but redemptions require meeting Tether’s minimums and procedures. Public redemption availability and practical access may vary.
Key Takeaways
- Aurelion launches XAUT treasury: Nasdaq-listed Aurelion secured $150M to establish a Tether Gold reserve.
- Funding mix: $100M PIPE plus $50M senior debt from Antalpha Management.
- Implications: The move bridges tokenized gold and physical redemption, signaling institutional interest in asset-backed stablecoins.
Conclusion
Aurelion’s debut of a Tether Gold-backed corporate treasury marks a notable integration of tokenized gold into corporate balance sheets. The $150 million financing underscores institutional appetite for asset-backed tokens, while XAUT’s redeemability links digital holdings to physical gold. Watch for Nasdaq ticker AURE and regulatory updates as the plan progresses.
By COINOTAG — Published: 2025-10-10 · Updated: 2025-10-10
