Antalpha leads Aurelion's $150 million financing, creating Nasdaq's first Tether Gold (XAU₮) treasury

Leading institutional-grade digital asset financing platform Antalpha Platform Holding Company (NASDAQ: ANTA) (referred to as "Antalpha") today announced that it has invested approximately $43 million as the lead investor and acquired controlling voting rights in Prestige Wealth Inc. (NASDAQ: PWM; AURE) (referred to as "Aurelion" or "the Company") through participation in a committed public company private investment (PIPE). Other participating qualified investors include TG Commodities S.A. de C.V. (referred to as "Tether") and Kiara Capital Holding Limited (referred to as "Kiara Capital"), which is invested by Antalpha's management.

Upon receiving the necessary approvals, the company (NASDAQ: PWM) is expected to be renamed "Aurelion Inc." and will trade under a new stock ticker (NASDAQ: AURE) starting October 13, 2025 (Monday).

Antalpha's Chief Financial Officer Paul Liang stated, "We are excited to partner with Tether, the world's largest stablecoin company, to expand a trusted digital gold ecosystem. When people can walk into a jewelry store and exchange Tether Gold (XAU₮) for a gold bar, digital assets will become more accessible. We aim to provide new features and services like this through the Antalpha Real World Asset Hub (Antalpha RWA Hub) to enhance the liquidity and product supply of Tether Gold (XAU₮)."

Paul Liang continued, "Building on the Antalpha Real World Asset Hub, we are pleased to lead the establishment of the Aurelion treasury—this is the first pure Tether Gold (XAU₮) treasury on NASDAQ, aimed at increasing access to tokenized gold, which holds significant strategic importance in the digital asset world. Both individuals and institutions need a safe haven to guard against inflation, fiat currency devaluation, and cryptocurrency volatility. As a leading digital asset financing platform, consolidating our balance sheet through Tether Gold (XAU₮) and holding substantial gold reserves to enhance collateral resilience aligns with Antalpha's shared interests."

Strategic Significance

Antalpha's "Reserve 2.0" plan is built on a pilot project earlier this year, during which Antalpha purchased $20 million worth of Tether Gold (XAU₮). At the beginning of October, we announced a partnership with Tether to launch the Antalpha Real World Asset Hub to increase access to Tether Gold (XAU₮). The $43 million PIPE investment in the Aurelion treasury represents a new phase for the "Reserve 2.0" plan: expanding Antalpha's Tether Gold (XAU₮) reserves through institutional-grade infrastructure, governance, and transparency.

For over 5,000 years, gold has been the ultimate benchmark of value, consistently providing a natural hedge against macroeconomic fluctuations and political uncertainty. During global crises and inflation cycles, gold has shown a negative correlation with the U.S. dollar index (DXY) and can serve as a safe haven against cryptocurrency volatility, highlighting the value of gold on the blockchain.

Tether Gold (XAU₮) is 100% physically backed and redeemable by gold bars stored in Switzerland that meet the London Bullion Market Association (LBMA) standards, addressing the aforementioned vulnerabilities. Since its launch in 2020, approximately 7 tons of gold have been used to back Tether Gold (XAU₮), providing institutional-grade transparency, verifiability, and liquidity. By committing to Tether Gold (XAU₮) as Aurelion's sole treasury reserve, Antalpha aims to smooth volatility, maintain liquidity, and enhance collateral resilience, aligning with Antalpha's risk management priority.

Transaction Highlights

• In Aurelion's approximately $100 million PIPE financing, Antalpha invested about $43 million, with other qualified investors including Kiara Capital investing $6 million and Tether investing $15 million.

• Following this transaction, based on the company's issued shares and assuming PIPE warrants are not exercised, Antalpha holds approximately 32.4% of Aurelion's shares (or about 73.1% of the voting rights), while Kiara Capital holds approximately 8.6% of the shares (or about 18.9% of the voting rights).

• Aurelion plans to continue raising funds to purchase more Tether Gold (XAU₮) and believes its concentrated equity structure can provide greater stability, ensuring smoother operations.

Conference Call Information

Antalpha's management will hold a conference call on October 14, 2025, at 8:30 AM Eastern Standard Time to discuss this transaction. To participate, please register in advance at this link. After registering, you will receive a dial-in number, passcode, and your unique PIN, along with an email containing a calendar invitation. Click here for the live webcast link. A replay of the conference call will also be available on the company's investor relations website.

About Antalpha

Antalpha is a leading fintech company focused on providing financing, technology, and risk management solutions for institutional clients in the digital asset industry. Antalpha offers Bitcoin supply chain loans and staking lending services through the Antalpha Prime technology platform, allowing clients to initiate and manage their digital asset loans while monitoring collateral status with near-instant data.

About Aurelion

Aurelion is NASDAQ's first Tether Gold (XAU₮) treasury. It combines the stability of physical gold with the efficiency of blockchain, providing investors with a tokenized gold reserve that can serve as a safe haven against inflation, currency devaluation, and cryptocurrency volatility. At the same time, Aurelion will continue its wealth management and asset management services.

About Tether Gold (XAU₮)

Tether Gold (XAU₮) is a digital asset provided by TG Commodities S.A. de C.V. A complete XAU₮ token represents one troy ounce of London Good Delivery gold. XAU₮ operates as an ERC-20 token on the Ethereum blockchain, allowing for easy trading or transfer at any time. The gold corresponding to XAU₮ can be identified by its unique serial number, purity, and weight, and is redeemable.

About Antalpha RWA Hub

Antalpha RWA Hub is Antalpha's dedicated real-world asset (RWA) infrastructure platform, currently focused on providing liquidity and services for gold-backed real-world assets.

Safe Harbor Statement

The statements contained in this press release may constitute "forward-looking" statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as "expect," "aspire," "intend," "plan," "provide," "goal," "objective," "potential," "seek," "believe," "project," "estimate," "anticipate," "predict," "assume," "strategy," "target," "trend," "future," "may," "might," "should," "will," and similar expressions that indicate future periods. These statements are not historical facts and are not guarantees of future performance. Instead, they are based solely on current beliefs, expectations, and assumptions regarding the relevant business's future, future plans and strategies, forecasts, anticipated events and trends, economic and other future conditions, including expectations regarding gold, Tether Gold (XAU₮), and any other gold-related products, as well as Antalpha's and Aurelion's intentions to purchase additional XAU₮. These statements are not historical facts and are not guarantees of future performance, including, among other things, statements regarding Antalpha's investment in the company through PIPE financing, integration plans, expected benefits of the transaction, and Antalpha's "Reserve 2.0" digital treasury strategy. Forward-looking statements also include expectations regarding the purchase, holding, and management of XAU₮, as well as potential future capital deployment. Forward-looking statements involve inherent risks and uncertainties that may cause actual results to differ materially, including regulatory scrutiny, integration challenges, market price volatility of XAU₮, liquidity risks, counterparty and custody risks, technological and regulatory developments, accounting treatments, and other factors described in Antalpha's filings with the U.S. Securities and Exchange Commission (SEC). All information in this press release is provided as of the date of publication, and Antalpha undertakes no obligation to update any forward-looking statements except as required by applicable law.