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: XAUT
By George Kingslay The intersection of digital assets and physical commodities has given rise to a new breed of cryptocurrencies – gold-backed digital currencies. These digital assets combine the stability and intrinsic value of gold with the transparency and decentralization properties of blockchain technology. In 2025, the market for gold-backed cryptocurrencies has experienced significant growth, […]
By Marco Piccolo Key highlights: Tokenized gold assets exceed $3 billion in market capitalization amid a broader rally in precious metals. PAX Gold (PAXG) and Tether Gold (XAUT) dominate the space, with prices tracking spot gold’s all-time high. Despite growth, tokenized gold remains small compared to traditional gold ETFs, which hold over $460 billion. The […]