Prestige Wealth Inc. announced on Friday that it is rebranding to Aurelion Treasury to launch Nasdaq’s first Tether Gold-backed corporate reserve.
This came shortly after the firm secured $150 million in new funding to build a new kind of digital gold treasury that connects real gold with blockchain technology. The rebrand, which is subject to regulatory approval, will take effect on October 13, 2025, when the company begins trading under its new ticker, AURE.
In the press release, the firm said it raised $100 million through a Private Investment in Public Equity financing round led by Antalpha Platform Holding Company.
Another $50 million came from a loan provided by Antalpha Management, which brings the total funds to $150 million, according to a filing with the U.S. Securities and Exchange Commission.
Aurelion said it plans to use most of the proceeds to acquire Tether Gold (XAUT), an on-chain gold-backed treasury on Nasdaq.
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