Antalpha’s $134M Tether Gold (XAU₮) Buy and Aurelion’s $150M Raise May Boost Tokenized Gold Lending

• Antalpha completed a $134M Tether Gold purchase at $4,021 per XAU₮.

• Aurelion closed $150M in financing (including $100M PIPE and $50M senior debt).

• Key data: Tether Gold market cap ≈ $1.5B; Antalpha acquired controlling rights via a $43M PIPE investment.

Antalpha Tether Gold purchase: Prestige Wealth buys $134M XAU₮; Aurelion secures $150M financing—analysis, implications, and expert quotes from COINOTAG. Read more.

By COINOTAG | Published: 14 October 2025 | Updated: 14 October 2025

What is Antalpha’s purchase of Tether Gold and why does it matter?

Antalpha’s Tether Gold purchase refers to Prestige Wealth Inc., a subsidiary of Antalpha, acquiring $134 million worth of Tether Gold (XAU₮) at $4,021 per token. The transaction, paired with Aurelion’s $150 million financing, reinforces institutional demand for tokenized gold and increases on-chain liquidity for XAU₮.

How does Aurelion’s financing and treasury structure work?

Aurelion (the Tether Gold treasury soon to be renamed) completed a $150 million financing round composed of $100 million in PIPE proceeds and a $50 million three-year senior debt facility. Antalpha Platform Holding Company led the financing and obtained controlling voting rights through a $43 million PIPE investment. Prior pilot activity under Antalpha Reserve 2.0 included a $20 million XAU₮ acquisition, demonstrating staged reserve buildup and risk management.

Frequently Asked Questions

How much Tether Gold did Antalpha’s Prestige Wealth buy and at what price?

Prestige Wealth Inc. purchased $134 million of Tether Gold at $4,021 per XAU₮. This acquisition increases Aurelion’s on-chain gold holdings and contributes to the treasury’s liquidity and collateral profile.

Will Antalpha lend Tether Gold to back loans on its platform?

Yes. Aurelion disclosed it will lend unencumbered Tether Gold to Antalpha to serve as collateral for loans originated on Antalpha’s Prime platform; Antalpha assumes default risk and pays a technology fee to Aurelion for reserve usage.

Detailed reporting and context

Antalpha’s Prestige Wealth Inc. finalized a $134 million acquisition of Tether Gold (XAU₮) at $4,021 per token. The move follows Aurelion’s $150 million financing close last week. That financing included $100 million in private investment in public equity (PIPE) proceeds and a $50 million three‑year senior debt facility. Antalpha Platform Holding Company acted as lead investor and secured controlling voting rights with a $43 million PIPE commitment.

Earlier this year, Antalpha initiated the Antalpha Reserve 2.0 pilot, initially acquiring $20 million of XAU₮ to test treasury mechanics and on-chain verification processes. Industry reporting (Cryptopolitan) and company statements indicate that Tether holds an equity stake in Antalpha (reported at 8.1%) and that both firms are collaborating on scaling tokenized-gold infrastructure. Market data points to a Tether Gold market capitalization near $1.5 billion.

“Our mission is to provide stability and confidence for savers, builders and institutions in an increasingly digital financial landscape.”

– Björn Schmidtke, CEO of Aurelion

Aurelion CEO Björn Schmidtke described the transactions as a defining milestone, saying the approach combines gold’s stability with blockchain transparency and daily on-chain verification. Schmidtke emphasized regulatory compliance, disciplined asset management, and the potential for yield generation from the treasury structure.

Antalpha CFO Paul Liang noted the partnership with Tether aims to broaden the digital gold ecosystem and enhance liquidity, particularly when physical redemption of gold bars via Tether Gold becomes more accessible. Liang stated the arrangement should expand product offerings and institutional access while preserving collateral resilience through Antalpha’s risk-first framework.

Operational mechanics and risk allocation

Aurelion will retain independent asset and wealth management operations and intends to hold Tether Gold as its exclusive treasury reserve. Under the announced arrangement, Aurelion will lend unencumbered XAU₮ to Antalpha, which will use those reserves as collateral for Tether Gold-backed loans issued through Antalpha Prime. Antalpha assumes full customer funding default risk and compensates Aurelion with a technology fee. This model allows Antalpha to scale lending without directly weakening its balance sheet while preserving transparency and on-chain traceability of gold-backed reserves.

Key Takeaways

• Strategic acquisition: Prestige Wealth’s $134M XAU₮ purchase strengthens Aurelion’s on-chain gold holdings and liquidity.
• Financing scale: Aurelion closed $150M in financing (PIPE + senior debt), led by Antalpha Platform Holding Company.
• Institutional bridge: The arrangement pairs tokenized gold with lending services, aiming to provide yield opportunities and collateralized lending without diluting balance sheets.

Conclusion

The Antalpha Tether Gold purchase and Aurelion’s $150 million financing mark a notable advance for tokenized-gold infrastructure. By combining meaningful on-chain reserves with structured financing and a clear division of operational responsibilities, the partnership aims to expand institutional access and liquidity for Tether Gold. COINOTAG will continue monitoring company disclosures, market data, and official statements from Antalpha, Aurelion, and Tether for further developments.

Sources (plain text): Company statements from Antalpha and Aurelion; Tether public disclosures; market capitalization data; reporting by Cryptopolitan. Author: COINOTAG.