Core Viewpoint - Antalpha has made a significant investment in Prestige Wealth Inc., which is set to be renamed Aurelion Inc., focusing on establishing a treasury backed exclusively by Tether Gold (XAU₮) to enhance resilience and transparency in the digital asset space [1][4][11] Investment Details - Antalpha invested approximately $43 million in Aurelion's $100 million private investment in public equity (PIPE) alongside other accredited investors, including Tether and Kiara Capital [1][7] - Following the investment, Antalpha holds approximately 32.4% of Aurelion's shares and 73.1% of the voting rights, while Kiara Capital holds 8.6% of the shares and 18.9% of the voting rights [7] Strategic Rationale - The investment is part of Antalpha's Reserve 2.0 initiative, which aims to scale its Tether Gold (XAU₮) reserve with institutional infrastructure and governance [4] - Aurelion Treasury is positioned as the first pure-play NASDAQ Tether Gold treasury, providing access to tokenized gold, which is seen as a safe haven against inflation and currency devaluation [3][11] Market Context - Gold has historically served as a benchmark of value and a hedge against macroeconomic volatility, with a negative correlation to the U.S. dollar index during global crises [5] - Tether Gold (XAU₮) is fully backed by physical gold and offers institutional-grade transparency, with approximately 7 tons of gold acquired since its launch in 2020 [6][12] Future Plans - Aurelion plans to continue fundraising to purchase additional Tether Gold (XAU₮), aiming for a concentrated shareholding structure to enhance stability and operational efficiency [7] - Antalpha's collaboration with Tether aims to expand the digital gold ecosystem, making digital assets more tangible for consumers [2]

Core Viewpoint - Antalpha Platform Holding Company is implementing strategic initiatives to enhance its treasury plan and expand its product offerings, particularly focusing on integrating Tether Gold (XAUt) into its operations as a hedge against market volatility and to diversify its collateral base [1][2]. Strategic Allocation into Tether Gold (XAUt) - The company plans to allocate up to $40 million in XAUt by June 30, 2026, viewing this as a strategic hedge against macroeconomic volatility and a means to provide clients with stable-value lending solutions [2]. - XAUt is expected to be a cornerstone collateral asset in Antalpha's loan structure, enhancing the resilience and stability of its financing business [2]. XAUt Product Integration - Antalpha aims to acquire XAUt to secure funding for its lending operations, with product and risk management teams upgrading the platform's capabilities [3]. - A dedicated portal will be launched to provide near real-time information on XAUt and its underlying physical gold holdings, enhancing transparency and client confidence [3]. Multi-Asset Collateral Strategy - The company is focused on expanding its addressable market by accepting new forms of collateral, including XAUt and GPU for AI compute, to build a more flexible digital-asset lending business [4]. - Antalpha plans to broaden its business lines, including the introduction of Ethereum margin loans on the Antalpha Prime platform [4][8]. Long-term Vision and Risk Management - The company emphasizes a long-term approach with transparency, prudence, and risk management at its core, aiming to lead the digital asset financing industry with innovative lending solutions [5]. - Antalpha's initiatives reflect its commitment to addressing client needs while strengthening its risk management capabilities [5]. Company Overview - Antalpha is a fintech company specializing in financing, technology, and risk management solutions for institutions in the digital asset industry, serving as the primary lending partner of Bitmain [6]. - The Antalpha Prime technology platform allows customers to manage their digital asset loans and monitor collateral positions with near real-time data [6]. About Tether Gold (XAUt) - XAUt is a digital token representing ownership of one troy ounce of fine gold, issued by TG Commodities Limited, and is available on both Ethereum and Tron blockchains [7].