{"id":52187,"date":"2025-10-10T14:31:44","date_gmt":"2025-10-10T14:31:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=52187"},"modified":"2025-10-10T14:31:44","modified_gmt":"2025-10-10T14:31:44","slug":"prestige-wealth-raises-150m-to-become-tether-gold-treasury-vehicle","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=52187","title":{"rendered":"Prestige Wealth Raises $150M to Become Tether Gold Treasury Vehicle"},"content":{"rendered":"<div>\n<p>Prestige Wealth (PWM) said it has closed a $150 million financing round to launch a digital asset treasuryfocused on Tether Gold (XAUT), the gold-backed tokens of stablecoin giant Tether.<\/p>\n<p>The funding includes a $100 million private placement led by Antalpha (ANTA), a prominent bitcoin mining financing firm that and $50 million in senior debt, <a href=\"https:\/\/www.globenewswire.com\/news-release\/2025\/10\/10\/3164827\/0\/en\/Prestige-Wealth-Inc-NASDAQ-PWM-Signs-and-Closes-Approx-150-Million-Financing-for-Aurelion-Treasury-Initiating-NASDAQ-s-First-Tether-Gold-Treasury-Prestige-Wealth-Inc-NASDAQ-PWM-Pla.html\">according to an announcement on Friday<\/a>. <\/p>\n<p>Backers also include Tether and Kiara Capital.<\/p>\n<p>Most of that capital will be used to acquire tokenized gold reserves, aiming to build a publicly verifiable, blockchain-native treasury. The company will rebrand to Aurelion pending approvals, and will start trading under the AURE ticker on Monday.<\/p>\n<p>The stock spiked 35% pre-market following the news before giving back most of the gains during the early minutes of the session. The announcement followed Bloomberg&#8217;s report last week on Antalpha and Tether <a href=\"https:\/\/www.coindesk.com\/business\/2025\/10\/03\/tether-looking-to-launch-tokenized-gold-treasury-firm-with-antalpha-raising-usd200m-report\">looking to back<\/a> a tokenized gold treasury company.<\/p>\n<p>Tether Gold is a stablecoin tied to physical gold, redeemable and traceable on-chain. Aurelion said it will hold these reserves in a transparent and auditable structure, offering an alternative to conventional reserves like cash or fiat stablecoins.<\/p>\n<p>New Aurelion CEO Bj\u00f6rn Schmidtke, who co-founded Paraguayan bitcoin miner Penguin Group, said the move reflects a shift toward digital assets backed by real-world value.<\/p>\n<p>&#8220;In a world where money is moving digitally and market volatility remains real, having a foundation of real value in tokenized gold gives people and institutions certainty,&#8221; he said in the statement.<\/p>\n<p>&#8220;Some people describe BTC as digital gold. I see Tether Gold, a redeemable stablecoin backed by gold, as the real digital gold.&#8221;<\/p>\n<p>The firm said it will aims to generate a modest yield by lending unencumbered gold holdings through Antalpha, while keeping a portion locked as collateral.<\/p>\n<p>The company\u2019s board and leadership have been reshaped following the transaction, with Antalpha gaining two board seats and forming a strategic advisory committee including Gemini\u2019s Rohan Chauhan.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Prestige Wealth (PWM) said it has closed a $150 million financing round to launch a digital asset treasuryfocused on Tether Gold (XAUT), the gold-backed tokens of stablecoin giant Tether. The funding includes a $100 million private placement led by Antalpha (ANTA), a prominent bitcoin mining financing firm that and $50 million in senior debt, according [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-52187","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/52187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52187"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/52187\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}