Antalpha Platform (ANTA) Investor Update summary

Strategic investment and partnership highlights

• Antalpha led a $43 million anchor investment in Aurelian (formerly Prestige Valve Inc.), now trading as AURE on Nasdaq, acquiring controlling voting rights and anchoring the treasury in Tether Gold (XAU).

• Aurelian completed a $150 million financing round, including a $100 million PIPE and a $50 million term loan at 6% APR.

• Accredited investors, including Tether and Kiara Capital, contributed to the PIPE, with Tether investing $15 million and Kiara Capital $6 million.

• Antalpha holds 32.4% equity and 73.1% voting power in Aurelian, with rights to nominate two board seats.

• Aurelian is positioned as Nasdaq's first pure play tokenized gold treasury, focusing on gold RWA development and providing a safe haven against inflation, currency devaluation, and crypto volatility.

Tokenized gold and ecosystem development

• Tokenized treasury (USDT/USDC) is a $200B+ market, with digital gold at $200B but only 1% on-chain.

• Antalpha and Tether launched the RWA Hub to increase access to Tether Gold (XAUT), enabling redemption in Switzerland and providing liquidity and services for gold-based real-world assets.

• XAUT is 100% gold-backed, redeemable for LBMA-standard bullions stored in Switzerland, and available as an ERC-20 token.

• Aurelian purchased $133.34M in XAUT, which appreciated to $138.5M (+3.3%).

• Antalpha aims to be Tether's largest partner in Asia for the Tether Gold ecosystem.

Lending platform integration and balance sheet strategy

• Antalpha Prime now offers XAUT-collateralized loans, enhancing portfolio resilience.

• Tokenized gold is considered more stable than Bitcoin for collateral in digital asset loans.

• Aurelian's growth to $1B and then $10B treasury is a strategic goal, benefiting both parties.

• Lending relationship structured so Aurelian lends gold to Antalpha, earning 50-100 bps, strengthening Antalpha's LTV and collateral stability.

• Aurelian will focus exclusively on XAUT Tether Gold.