Prestige Wealth, a NASDAQ-listed wealth management and asset management firm, has completed a $150 million financing round. This funding is designated for the establishment of NASDAQ’s first Tether Gold treasury, as the firm prepares to rebrand as Aurelion and begin trading under its new ticker from October 13, 2025.
The financing package includes a $100 million private investment in public equity (PIPE), anchored by Antalpha Platform Holding Company, with additional contributions from TG Commodities S.
A. de C.
V. (Tether) and Kiara Capital Holding Limited. Complementing this equity investment is a $50 million senior debt facility with a three-year term.
As Aurelion, the company intends to merge the stability of physical gold with the efficiency of blockchain technology. The firm aims to redefine the management of digital wealth by offering investors a secure and transparent tokenized gold reserve that is verifiable daily on-chain. According to Aurelion, the digital gold market, predominantly represented by ETFs, holds an estimated value exceeding $200 billion, with only 1% currently existing on the blockchain.
Björn Schmidtke, CEO of Aurelion, stated, “I am bullish on bitcoin in the long term, and I believe we need a stablecoin that can fight inflation and has the stability to be used for paying daily necessities like electricity bills. Some people describe Bitcoin as digital gold; I see Tether Gold (XAU₮), a redeemable stablecoin backed by gold, as the real digital gold.”
Schmidtke added, “With Aurelion Treasury, we are setting a new standard: a publicly listed, fully backed gold digital reserve that can be verified on-chain every day. In a world where money is moving digitally and market volatility remains real, having a foundation of real value in tokenized gold gives people and institutions certainty. This isn’t about yield or finance: it’s about redefining how real wealth is held, moved, and preserved in the digital era.”
