Nasdaq-listed Aurelion buys $134 million in TetherGold (XAUT)

Crypto 7x24

2025-10-15 08:15:38

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According to online reports, Nasdaq-listed Prestige Wealth (soon to be renamed Aurelion) announced the purchase of Tether Gold (XAUT) for US$134 million. The purchase was made after completing a US$150 million financing led by Antalpha. Aurelion purchases tokens at an average price of US$4,021.81 per XAUT. XAUT means that each token corresponds to one ounce of physical gold, which can be exchanged for LBMA standard gold bars stored in Switzerland. Since its launch in 2020, Tether Gold has accumulated approximately 7 tons of physical gold reserves.

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