- Prestige Wealth rebrands to Aurelion Treasury to launch Nasdaq’s first Tether Gold (XAUT)-backed corporate treasury.
- The company raised $150 million in total funding — including a $100 million PIPE round and a $50 million debt facility from Antalpha Management.
- Aurelion’s stock (PWM) jumped 19% following the announcement, signaling growing institutional interest in gold-backed digital reserves.
In a move marking a new era for Wall Street’s approach to digital assets, Nasdaq-listed Prestige Wealth has officially rebranded to Aurelion Treasury and unveiled plans to establish the first Tether Gold (XAUT)-backed corporate treasury on the Nasdaq exchange.
The announcement follows the successful closure of a $150 million funding round, which includes:
- A $100 million Private Investment in Public Equity (PIPE) led by Antalpha Platform Holding Company and supported by other accredited investors, including TG Commodities S.A. de C.V. (Tether).
- A $50 million, three-year senior debt facility from Antalpha Management, according to filings with the U.S. Securities and Exchange Commission (SEC).
Aurelion stated that most of the proceeds will be used to purchase Tether Gold (XAUT) tokens, establishing the precious metal-backed stablecoin as the company’s primary reserve asset.
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Bitcoin is bullish in the long term, but we also need a stable, inflation-resistant asset for real-world payments. Tether Gold represents ‘real digital gold.
Bridging gold and blockchain — a new standard for digital reserves
By integrating Tether Gold (XAUT) into its corporate reserves, Aurelion aims to merge traditional wealth preservation with blockchain transparency. Over time, the company plans to make XAUT redeemable for physical gold, reinforcing the token’s utility as a bridge between digital assets and tangible commodities.
Digital assets will become truly tangible when you can walk into a jewelry store and redeem a gold bar backed by Tether Gold, said Paul Liang, CFO of Antalpha.
Currently, Tether’s XAUT tokens can be redeemed for physical gold bars, though a minimum of 430 XAUT is required per redemption, in accordance with Tether’s official policy.
This milestone signals a shift toward real-world asset (RWA) tokenization in corporate finance, as publicly traded firms increasingly explore commodity-backed treasuries for diversification and inflation hedging.
Stock market response and outlook
Following the treasury announcement, Prestige Wealth’s (PWM) shares surged 19% on Friday, reflecting investor optimism over the company’s pivot to blockchain-integrated finance.
Despite the rally, PWM remains down over 94% from its listing, according to Yahoo Finance data.
The company will transition to its new Nasdaq ticker symbol “AURE” beginning Monday, pending final regulatory approval.
Market analysts see Aurelion’s move as a strategic milestone for both Nasdaq-listed firms and institutional crypto adoption, potentially encouraging other public companies to explore tokenized asset reserves and gold-backed stablecoins as part of diversified treasury strategies.
The broader impact on institutional crypto integration
Aurelion’s initiative underscores growing institutional confidence in asset-backed stablecoins and tokenized commodities.
By adopting Tether Gold as a core treasury asset, the company positions itself at the forefront of the next wave of financial innovation, where corporate reserves transcend fiat and digital boundaries.
As Wall Street firms increasingly embrace real-world asset tokenization, Aurelion’s debut could set a precedent for publicly traded entities using blockchain to anchor value in physical commodities a move blending the stability of gold with the efficiency of digital finance.
