Prestige Wealth Rebrands as Aurelion Treasury
Prestige Wealth Inc. announced on Friday it will rebrand to Aurelion Treasury. The change will support Nasdaq’s first corporate reserve backed by Tether Gold. The rebrand is subject to regulatory approval and will take effect on October 13, 2025. On that date, the company will start trading under the new ticker, AURE.
Secures $150 Million to Build Digital Gold Treasury
The company raised $150 million to develop a digital gold treasury linking real gold with blockchain technology. A $100 million Private Investment in Public Equity round was led by Antalpha Platform Holding Company. An additional $50 million came from a loan by Antalpha Management, according to a U.S. Securities and Exchange Commission filing.
Aurelion plans to use most of the funds to acquire Tether Gold (XAUT), an on-chain gold-backed asset listed on Nasdaq.
Incoming CEO Björn Schmidtke, co-founder of Bitcoin mining firm Penguin Group, said the treasury aims to set a new standard for digital wealth. He stated, “I am bullish on Bitcoin long term, but Tether Gold represents real, redeemable value — the true digital gold.”
Antalpha CFO Paul Liang highlighted the partnership’s goal to make digital gold easier to use. He said, “Digital assets will be more tangible when one can redeem a gold bar with Tether Gold at a jewelry store.” Antalpha will use its Real-World Asset Hub to simplify gold redemptions, allowing token holders to exchange tokens for physical gold bars in the future.
Shares Rise 17% After Announcement
Following the announcement, Prestige Wealth’s shares rose about 17% on Friday. The market value reached approximately $57 million, with shares trading at $1.2190, according to Yahoo Finance. The company’s current ticker remains PWM until the rebrand.
Aurelion Treasury will be the first Nasdaq-listed company to hold tokenized gold as its main reserve.
