Will Prestige Wealth use $150M for Tether Gold Treasury?

• Prestige Wealth raises $150M for a Tether Gold Treasury ($100M Antalpha placement + $50M debt)
• Rebranding to Aurelion; ticker AURE on Monday; backers include Tether and Kiara Capital
• Plan: buy XAUT reserves with on-chain reporting; lend a portion via Antalpha; PWM pre-market +35% then eased

Tether Gold Treasury sits at the center of a $150 million plan by Prestige Wealth (PWM) to build a blockchain-native reserve backed by tokenized gold. The company closed a $100 million private placement led by Antalpha (ANTA) and added $50 million in senior debt on Friday. Tether and Kiara Capital also joined the round. Management will use most of the proceeds to buy Tether Gold (XAUT), the redeemable token tied to vaulted metal. The issuer will rebrand to Aurelion, pending approvals, and begin trading under the AURE ticker on Monday. Shares spiked about 35% in pre-market trading after the announcement, then gave back much of the early move as the session opened.

Tether Gold Treasury financing and structure

The deal gives Aurelion a clear funding stack and a narrow mandate. Antalpha anchored the $100 million private placement, while senior lenders supplied $50 million of debt to round out the $150 million total. Backers include Tether and Kiara Capital, which aligns the project with the XAUT ecosystem it plans to hold. Management says the Tether Gold Treasury will acquire tokenized gold reserves and record them on-chain for public verification. That approach targets simple audit trails and constant proof of assets. XAUT’s design helps here since the token links to specific gold bars, supports redemption, and offers on-chain traceability. The company frames the vehicle as a reserve alternative to cash or fiat-pegged stablecoins. It plans to hold the metal-backed tokens in a transparent and auditable structure. The emphasis sits on custody clarity and reporting cadence rather than yield at any cost. Aurelion aims to publish holdings in a way that investors can check without waiting for quarterly PDFs. The Tether Gold Treasury therefore doubles as both a balance-sheet asset and a disclosure experiment, using public blockchains to reduce reconciliation frictions.

Tether Gold Treasury strategy yield and risk controls

Capital use does not stop at buy-and-hold. Aurelion intends to lend unencumbered gold tokens through Antalpha to generate a modest yield. The plan keeps a portion locked as collateral to protect the book during stress. That setup tries to balance carry with counterparty and liquidity risks. Management describes lending as incremental, not aggressive. The Tether Gold Treasury will prioritize reserve integrity and quick access to collateral over chasing extra basis points. Governance changed with the money. Antalpha secured two board seats and set up a strategic advisory committee. Gemini’s Rohan Chauhan will sit on that group, adding exchange and custody experience to the table. Clear roles matter because yield programs need tight risk gates and daily oversight. With board representation and an advisory layer, Antalpha can align lending, collateral haircuts, and reporting with the funding thesis it led.

Aurelion rebrand market reaction and leadership signal

Prestige Wealth will adopt the Aurelion name once regulators sign off. The stock will trade as AURE starting Monday, which gives the market a clean ticker tied to the new mandate. Investors reacted fast. PWM rallied roughly 35% in pre-market trading on the headline, then cooled as early gains faded during the first minutes. That pattern fits event-driven spikes that meet quick profit-taking. The move followed a Bloomberg report last week that Antalpha and Tether planned to back a tokenized gold treasury company. Friday’s confirmation filled in the terms, the size, and the board map. Leadership also shifted. New CEO Björn Schmidtke, a co-founder of Paraguayan bitcoin miner Penguin Group, set the tone with a simple view. Money moves digitally, volatility remains real, and reserves backed by metal can anchor portfolios. He contrasted bitcoin’s “digital gold” label with XAUT’s redeemable link to physical bars and called it the “real digital gold.” The point was not hype. It underscored the practical appeal of a token that maps to audited bullion and can settle on public rails.

Tether Gold Treasury in the tokenized assets landscape

The push comes as issuers test reserves beyond cash and traditional stablecoins. Tokenized gold offers a way to hold metal with on-chain proof and simpler transfers. It also helps treasuries match duration with low basis risk. Aurelion wants the Tether Gold Treasury to sit in that lane. The fund buys XAUT, shows the holdings on public ledgers, and lends a slice under strict collateral rules. Investors who want gold exposure without leaving crypto rails can track, redeem, or trade positions with less friction than vaulted certificates. Antalpha’s role ties the project back to mining-adjacent finance and secured lending. The firm brings balance-sheet discipline and counterparty screening to the lending track. Tether’s presence links the treasury to the token’s issuer and disclosure pipeline. Kiara Capital adds another institutional check. Together, they set a governance structure that can adapt as liquidity, spreads, and custody standards evolve. If the model holds, Aurelion’s reporting cadence could become a template for similar treasuries that prefer on-chain proof over opaque attestation.

Conclusion

Aurelion’s plan is straightforward. It raised $150 million, split between a $100 million Antalpha-led private placement and $50 million in senior debt, to buy XAUT and run a transparent reserve with limited lending. The rebrand lands with a new ticker, AURE, and a board that now includes two Antalpha seats and a strategic advisory group with Gemini’s Rohan Chauhan. Early trading showed a sharp pre-market pop near 35% and a quick fade as cash markets opened. With public verification and measured yield, the Tether Gold Treasury gives investors a clear way to hold tokenized gold on-chain while keeping governance and collateral rules in view.

Disclaimer

The information provided in this article is for informational purposes only and should not be considered financial advice. The article does not offer sufficient information to make investment decisions, nor does it constitute an offer, recommendation, or solicitation to buy or sell any financial instrument. The content is opinion of the author and does not reflect any view or suggestion or any kind of advise from CryptoNewsBytes.com. The author declares he does not hold any of the above mentioned tokens or received any incentive from any company.

Featured image createad by AI