Prestige Wealth has launched the Tether Gold treasury and will be renamed Aurelion Inc.

Golden Finance reported that Prestige Wealth Inc. (NASDAQ: AURE) today announced that it has reached and completed a series of coordinated transactions to launch the first Tether Gold (XAU₮) treasury on Nasdaq. These transactions include approximately $100 million in PIPE financing (hereinafter referred to as "PIPE") from cornerstone investor Antalpha Platform Holding Company (NASDAQ: ANTA) (hereinafter referred to as "Antalpha") and other accredited investors (including Tether Investments, SA de CV ("Tether") and Kiara Capital Holding Limited ("Kiara Capital")), with these investors managed by Antalpha's management; as well as a 3-year, $50 million preferred debt financing (hereinafter referred to as "financing"). The company plans to use the majority of the net proceeds to acquire Tether Gold (hereinafter referred to as "XAU₮") as the company's treasury reserve asset. The company (NASDAQ: AURE) is expected to change its name to "Aurelion Inc." pending approval and will begin trading under a new stock code (NASDAQ: AURE) on Monday, October 13, 2025.

XAUT0.81%
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