Antalpha invests $43 million in Prestige Wealth treasury deal

Antalpha Platform Holding Company (NASDAQ: ANTA) announced it invested approximately $43 million as lead investor in Prestige Wealth Inc. (NASDAQ: PWM) through a private investment in public equity transaction totaling $100 million.

The investment gives Antalpha controlling voting rights with approximately 32.4% ownership stake, or 73.1% of voting rights, in Prestige Wealth. The company plans to rename itself Aurelion Inc. and trade under ticker NASDAQ: AURE starting October 13, 2025, subject to approvals.

Other investors in the transaction include TG Commodities S.A. de C.V., which operates Tether, contributing $15 million, and Kiara Capital Holding Limited investing $6 million. Kiara Capital will hold approximately 8.6% ownership or 18.9% of voting rights.

The newly formed Aurelion treasury will hold reserves exclusively in Tether Gold (XAU₮), a digital token backed by physical gold stored in Switzerland. Each token represents one troy ounce of gold on London Good Delivery bars.

"We are excited to collaborate with Tether, the largest stablecoin company in the world, to expand the trusted digital gold ecosystem," said Paul Liang, CFO of Antalpha.

The transaction builds on Antalpha's earlier $20 million Tether Gold acquisition and represents what the company calls its Reserve 2.0 strategy. Aurelion also secured a $50 million senior debt facility as part of the broader financing arrangement.

Antalpha operates as a digital asset financing platform providing loans and risk management solutions to institutions. The company previously launched its RWA Hub platform focused on real-world assets, particularly gold-based products.

Antalpha will host a conference call on October 14, 2025 at 8:30 a.m. Eastern Time to discuss the transaction details.

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