Aurelion Creates Nasdaq’s First $134M Tokenized Gold Treasury

• Aurelion finalized a landmark $134 million purchase of Tether Gold (XAUT).
• Nasdaq debuts its first corporate treasury backed entirely by XAUT.

On October 14, 2025, Prestige Wealth—now rebranded as Aurelion—completed a $134 million Tether Gold (XAUT) acquisition, marking Nasdaq’s first corporate treasury backed entirely by tokenized gold. The transaction was completed at an average price of $4,021.81 per token, according to The Block. Following the rebranding, Aurelion now trades under the ticker symbol AURE.

XAUT tokens represent one troy ounce of physical gold stored in Switzerland, combining the enduring stability of gold with the efficiency and transparency of blockchain technology. Björn Schmidtke, CEO of Aurelion, emphasized the strategic relevance of the move, stating, “By merging the stability of physical gold with the efficiency and transparency of blockchain, Aurelion is redefining what a modern digital treasury can be.”

The acquisition was made possible by Aurelion’s successful capital raise of $150 million. This funding included $100 million from a Private Investment in Public Equity (PIPE) and an additional $50 million debt facility. Key contributors to the PIPE round included Antalpha, which invested $43 million and secured a controlling voting stake, as well as TG Commodities and Kiara Capital. This underscores the growing institutional interest in tokenized assets and blockchain-based treasuries.

The milestone comes amid a significant surge in gold prices, which recently saw their highest annual rally since the late 1970s. Gold has surpassed $4,100 per ounce—a year-to-date increase of over 57%. Aurelion’s acquisition positions the company at the forefront of combining blockchain innovation with traditional investment in gold.

As of October 14, 2025, 15:12 UTC, Tether Gold (XAUT) is trading at $4,135.39, with a 0.812% increase in 24-hour trading volume, according to CoinMarketCap.