By Marco Piccolo Key highlights: Prestige Wealth rebrands to Aurelion after securing $150M in funding to establish a Tether Gold (XAUT) treasury. Antalpha leads the $100M private placement and acquires controlling voting rights, with Tether and Kiara Capital also participating. Aurelion will build a blockchain-native, transparent reserve system centered on tokenized gold holdings. Aurelion’s transformation […]
Tag: CFO
By Emir Abyazov Tether is developing a new U.S. strategy and plans to launch an institutional stablecoin specifically for corporate clients, according to CEO Paolo Ardoino. Ardoino said in an interview with Bloomberg Television that the company’s entry into the U.S. market is already well underway. New stablecoin for institutions “We are actively working on […]
By coinspy A widening gap between U.S. tax policy and digital-asset innovation has triggered urgent calls for change on Capitol Hill. Senators Cynthia Lummis and Bernie Moreno say the 15 % Corporate Alternative Minimum Tax (CAMT) could saddle crypto companies with bills on paper-only gains. CAMT applies to firms posting average adjusted financial-statement income (AFSI) […]