Core Insights - Antalpha has partnered with Malca-Amit to create a seamless exchange service for Tether Gold (XAU₮) and physical gold in Hong Kong, highlighting gold's role as a stable asset amid global economic volatility [1][9] - The market capitalization of XAU₮ has increased significantly from approximately $800 million to $2.2 billion in five months, indicating a shift towards digital gold ownership [2] - Antalpha aims to enhance the security of XAU₮ through collaboration with Malca-Amit, leveraging LBMA standards and establishing a gold reserve mechanism for better risk management [3][4] Security and Infrastructure - Malca-Amit, as a full LBMA member, holds ISO certifications for quality and information security, ensuring high standards for the custody of physical assets [4] - Antalpha is developing a "physical-digital" ecosystem by deploying vault nodes in major financial centers, linking custodians and trading platforms to facilitate asset exchange [7] - The partnership aims to reduce the settlement cycle for gold exchanges to T+1 business days, improving efficiency for clients [8] Market Strategy - Antalpha's strategy focuses on creating a resilient infrastructure for gold trading, positioning XAU₮ as a key asset similar to Bitcoin, due to its historical value retention [5] - The company is enhancing the XAU₮ ecosystem by improving market-making networks and providing innovative lending solutions to increase liquidity [6] - Starting December 12, Antalpha will offer bulk exchange services for institutional clients, allowing for physical delivery of gold in Hong Kong [9][10]
Gold Exchange Enters the Digital Age: Antalpha Launches Physical Gold - XAU₮ Exchange Service in Hong Kong