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Antalpha Leads $150M Aurelion Financing Round to Establish Tether XAUT Gold Treasury

Aurelion Treasury will become the first Nasdaq-listed corporate backed by Tether Gold (XAUT).
Antalpha Leads $150M Aurelion Financing Round to Establish Tether XAUT Gold Treasury
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Fintech company Antalpha has led a $150M financing round — including a $100M private placement and $50M debt facility — to launch Aurelion Treasury, a new Nasdaq-listed entity holding its reserves in Tether Tether Gold (XAUT).

What’s the Scoop?

  • First-of-Its-Kind Treasury: Aurelion becomes the first Nasdaq-listed company to reserve its treasury with tokenized gold. Each XAUT token represents one troy ounce of gold redeemable for LBMA-standard bullion stored in Switzerland, with about seven tons currently backing the supply.
  • Deal Structure: Antalpha invested $43M as lead, gaining 32.4% of Aurelion’s equity and 73.1% of its voting rights. Other investors included Tether’s issuing entity TG Commodities, which contributed $15M, and Kiara Capital with $6M.
  • Strategic Alignment: The financing is intended to expand collaboration between Antalpha and Tether following the launch of Antalpha’s RWA Hub, which aims to increase institutional access to tokenized real-world assets.
  • Gold’s Breakout Rally: Gold has surged over 50% year-to-date, surpassing $4,000 per ounce — its strongest annual performance since the 1970s — as investors seek hedges against inflation, fiat devaluation, and crypto volatility.

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