Prestige Wealth to rebrand as Aurelion, secures $150 million funding

SINGAPORE - Prestige Wealth Inc. (NASDAQ:PWM) announced plans to rename itself to Aurelion Inc. and change its ticker to NASDAQ: AURE, effective Monday, October 13, 2025, subject to regulatory approvals.

The company has secured approximately $100 million through a private investment in public equity (PIPE) and arranged a $50 million senior debt facility. Antalpha Platform Holding Company (NASDAQ:ANTA), a digital asset financing platform, led the PIPE with a $43 million investment, acquiring approximately 32.4% ownership and 73.1% of voting rights.

Other participants in the financing include TG Commodities S.A. de C.V. (Tether) with a $15 million investment and Kiara Capital Holding Limited with $6 million. Kiara Capital now holds approximately 8.6% ownership and 18.9% of voting rights in the company.

The rebranded Aurelion will position itself as "NASDAQ’s first Tether Gold (XAUt) treasury," according to the company’s statement. Aurelion plans to maintain its treasury exclusively in Tether Gold, a digital asset where one token represents one troy fine ounce of gold on a London Good Delivery bar.

"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, in the press release.

Antalpha described the investment as part of its "Reserve 2.0" strategy, which builds on an earlier $20 million acquisition of Tether Gold. The company stated that the strategy aims to increase access to tokenized gold as a hedge against inflation, currency devaluation, and cryptocurrency volatility.

Antalpha will host a conference call on October 14 to discuss the transaction further.

While rebranding to focus on Tether Gold holdings, the company indicated it will continue its wealth management and asset management services.

This information is based on a press release statement from the company.

In other recent news, Antalpha Platform Holding Ltd reported a 49% increase in revenues for the second quarter of 2025, reaching $17 million. The company’s earnings per share (EPS) were reported at $3.27. Antalpha has expressed optimism about future revenue growth and market expansion. Additionally, Antalpha has expanded its collaboration with Tether to enhance the ecosystem for Tether Gold, a digital token backed by physical gold. This partnership will utilize Antalpha’s RWA Hub to provide new financial solutions for gold as a Real World Asset. In related developments, KindlyMD has announced a strategic partnership with Antalpha to develop financing structures for Bitcoin treasury assets. This collaboration involves a non-binding letter of intent to issue $250 million in 5-year secured convertible notes to Antalpha. The financing will support KindlyMD’s Bitcoin treasury subsidiary and replace a previous credit arrangement.

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