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Antalpha Anchors $150 Million Financing in Aurelion Treasury; Initiating NASDAQ’s First Tether Gold Treasury

Prestige Wealth Inc. (NASDAQ: PWM) Plans to be Renamed to Aurelion Inc. (NASDAQ: AURE) Subject to Approvals
$100 Million Private Placement & $50 Million Senior Debt Facility
Antalpha Anchors Aurelion Treasury, Exclusively in Tether Gold (XAU₮) for Resilience and Transparency

SINGAPORE, Oct. 10, 2025 (GLOBE NEWSWIRE) — Antalpha Platform Holding Company (NASDAQ: ANTA) (“Antalpha”), a leading institutional digital asset financing platform, today announced that it has invested approximately $43 million as lead investor and acquired controlling voting rights in Prestige Wealth Inc. (NASDAQ: PWM; AURE) (“Aurelion” or the “Company”) through participation in a committed private investment in public equity (“PIPE”), alongside accredited investors including TG Commodities S.A. de C.V. (“Tether”) and Kiara Capital Holding Limited (“Kiara Capital”), invested by Antalpha’s management. The Company (NASDAQ: PWM) is expected to be renamed as “Aurelion Inc.”, subject to approvals, and will trade under the new ticker (NASDAQ: AURE) beginning Monday, October 13, 2025.

“We are excited to collaborate with Tether, the largest stablecoin company in the world, to expand the trusted digital gold ecosystem. Digital assets will be more tangible to many when one can walk into a jewelry store and redeem a gold bar with Tether Gold (XAU₮). Through Antalpha RWA Hub, we hope to deliver new capabilities and services like this that will increase the liquidity and product offerings of Tether Gold (XAU₮),” said Paul Liang, CFO of Antalpha.

“Adding to Antalpha RWA Hub, we are excited to anchor Aurelion Treasury, the first pure–play NASDAQ Tether Gold (XAU₮) Treasury, to increase access to tokenized gold, which has strategic importance in the digital asset world. People and institutions need a safe haven to safeguard against inflation, fiat currency devaluation and crypto volatility. As a leading digital asset financing platform, Antalpha has common interest to fortify our own balance sheet with a significant gold reserve through Tether Gold (XAU₮) to improve collateral resilience,” continued Paul Liang.

Strategic Rationale
Antalpha Reserve 2.0 builds on Antalpha’s pilot program earlier this year when it acquired $20 million of Tether Gold (XAU₮). In early October, we announced a collaboration with Tether to launch Antalpha RWA Hub to increase access to Tether Gold (XAU₮). The $43 million PIPE lead investment in Aurelion Treasury represents the next phase of Reserve 2.0: scaling Antalpha’s Tether Gold (XAU₮) reserve with institutional infrastructure, governance and transparency.

Gold has served as the ultimate benchmark of value for more than 5,000 years, consistently providing a natural hedge amid macroeconomic volatility and political uncertainty. Its negative correlation to the U.S. dollar index (DXY) amidst global crises and inflationary cycles as well as serving as a safe haven to crypto volatility highlight the value of gold on the blockchain.

Tether Gold (XAU₮) addresses these vulnerabilities by being 100% physically backed and redeemable for LBMA–standard bullions stored in Switzerland. Since launching in 2020, approximately 7 tons of gold have been acquired to back Tether Gold (XAU₮), providing institutional–grade transparency, verifiability and liquidity. By committing to Tether Gold (XAU₮) as Aurelion’s sole treasury reserve, Antalpha aims to smooth volatility, preserve liquidity and increase collateral resilience, which supports Antalpha’s management philosophy of risk management first.

Transaction Highlights
Antalpha invested approximately $43 million in Aurelion’s approximately $100 million PIPE, along with accredited investors, including Kiara Capital for $6 million and Tether for $15 million. Following this transaction, Antalpha holds a stake of approximately 32.4% (or approximately 73.1% of the voting rights) and Kiara Capital holds a stake of approximately 8.6% (or approximately 18.9% of the voting rights) in Aurelion, based on the Company’s outstanding shares and assuming no exercise of PIPE warrants. With plans to continue fundraising to purchase additional Tether Gold (XAU₮), Aurelion believes its concentrated shareholding can provide more stability and ensure smoother operations.

Conference Call Information
Antalpha leadership will host a conference call at 8:30 am U.S. Eastern Standard Time on October 14, 2025 to discuss the transaction.

To attend, please register in advance at: https://register–conf.media–server.com/register/BIdf5d33a26d64454da01f41f3d6c9610e. Upon registration, you will receive the dial–in number, passcode, and your unique access PIN, as well as an email with a calendar invite.

A live webcast can be accessed at https://edge.media–server.com/mmc/p/bt67nb59.

A replay of the conference call will also be available on the Company’s investor relations website at https://ir.antalpha.com.

About Antalpha
Antalpha is a leading fintech company specializing in providing financing, technology, and risk management solutions to institutions in the digital asset industry. Antalpha offers Bitcoin supply chain and margin loans through the Antalpha Prime technology platform, which allows customers to originate and manage their digital assets loans, as well as monitor collateral positions with near real–time data.

About Aurelion
Aurelion is NASDAQ’s first Tether Gold (XAU₮) treasury. It combines the stability of physical gold with the efficiency of blockchain, providing investors access to tokenized gold reserve that could serve as a safe haven to inflation, currency devaluation and crypto volatility. In parallel, Aurelion will continue its wealth management and asset management services.

About Tether Gold (XAU₮)
Tether Gold (XAU₮) is a digital asset offered by TG Commodities S.A. de C.V. One full XAU₮ token represents one troy fine ounce of gold on a London Good Delivery bar. XAU₮ is available as an ERC–20 token on the Ethereum blockchain. The token can be traded or moved easily 24/7. XAU₮ allocated gold is identifiable with a unique serial number, purity, and weight, and is redeemable.

About Antalpha RWA Hub
Antalpha RWA Hub is Antalpha's dedicated Real–World Assets (“RWA”) infrastructure platform, currently focused on providing liquidity and services for gold–based RWAs.

Contacts
Investor Contact: [email protected]

Safe Harbor Statement
This press release contains statements that may constitute “forward–looking” statements pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward–looking statements can be identified by terminology such as: “anticipate,” “aspire,” “intend,” “plan,” “offer,” “goal,” “objective,” “potential,” “seek,” “believe,” “project,” “estimate,” “expect,” “forecast,” “assume,” “strategy,” “target,” “trend,” “future,” “likely,” “may,” “should,” “will” and similar references to future periods. These statements are neither historical facts nor assurances of future performance. Instead, they are based only on current beliefs, expectations and assumptions regarding the future of the relevant business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions, including the anticipated performance of gold, Tether Gold (XAU₮), and any other Gold–related product, and Antalpha and Aurelion’s intention to purchase additional XAU₮. These statements are not historical facts nor assurance of future performance, and include, among others, statements regarding Antalpha’s investment in the Company through the PIPE financing, integration plans, anticipated benefits of the transaction, and Antalpha’s Reserve 2.0 digital treasury strategy. Forward–looking statements also include expectations regarding the purchase, holding, and management of XAU₮, and potential future capital deployment.

Forward–looking statements involve inherent risks and uncertainties that may cause actual results to differ materially, including regulatory review, integration challenges, market price volatility of XAU₮, liquidity risks, counterparty and custodial risks, technological and regulatory developments, accounting treatment, and other factors described in Antalpha’s filings with the SEC. All information in this press release is provided as of the date hereof, and Antalpha undertakes no duty to update any forward–looking statements except as required under applicable law.


GLOBENEWSWIRE (Distribution ID 9543594)

Abusive Governments Set to Win Seats in Human Rights Council

By Human Rights Watch
NEW YORK, Oct 10 2025 – Egypt and Vietnam are on track to secure seats on the United Nations Human Rights Council despite being woefully unfit for membership. The UN General Assembly will elect members to the UN’s premier rights body in a noncompetitive vote on October 14, 2025.

These 2 countries are among 14 member states seeking three-year terms on the 47-nation Human Right Council starting in January 2026. Vietnam, currently a Council member, is seeking re-election.

“Noncompetitive UN votes permit abusive governments like Egypt and Vietnam to become Human Rights Council members, threatening to make a mockery of the Council,” said Louis Charbonneau, UN director at Human Rights Watch. “UN member states should stop handing Council seats on a silver platter to serial rights violators.”

Egypt, along with Angola, Mauritius, and South Africa are running for four African seats. India, Iraq, and Pakistan are joining Vietnam for the four Asian seats. For Latin America and the Caribbean, Chile, and Ecuador are unopposed for two seats.

In the Western group, Italy and the United Kingdom are running for two available seats, while Estonia and Slovenia are candidates for two seats for Central and Eastern Europe.

General Assembly Resolution 60/251, which created the Human Rights Council in 2006, urges states voting for members to “take into account the contribution of candidates to the promotion and protection of human rights.” Council members are required to “uphold the highest standards in the promotion and protection of human rights” at home and abroad and to “fully cooperate with the Council.”

Candidates only need a simple majority in the secret-ballot vote in the 193-nation General Assembly to secure a seat on the Human Rights Council. That makes it highly unlikely that any of the candidates will not be elected. Nevertheless, UN member states should not cast votes for abusive governments that are demonstrably unqualified for Council membership.

Egyptian President Abdel Fattah al-Sisi’s government has continued wholesale repression, systematically detaining and punishing peaceful critics and activists, and effectively criminalizing peaceful dissent. Government security forces have committed serious human rights abuses with near-absolute impunity. These include killing hundreds of largely peaceful protesters and widespread, systematic torture of detainees, which most likely amount to crimes against humanity.

The government also tries to prevent its own citizens from engaging with the Geneva-based Human Rights Council, and punishes those who engage with brutal reprisals. It ignores UN experts’ requests to visit the country.

The ruling Communist Party of Vietnam maintains a monopoly on political power and allows no challenge to its leadership. Basic rights are severely restricted, including freedoms of expression, peaceful assembly, association, and religion. Rights activists and bloggers face police intimidation, harassment, restricted movement, and arbitrary arrest and detention.

Mauritius and the UK, among the countries running. signed a treaty that recognizes Mauritius’ sovereignty over the Chagos islands but fails to address the ongoing crimes against humanity against Chagossians and their right of return to all the islands.

The UK forcibly displaced the Chagossian people between 1965 and 1973 to allow the US to build a military base. Mauritius and the UK should comply with their international rights obligations, including Chagossians’ right of return and should provide an effective remedy and reparations.

Angolan President João Lourenço has pledged to protect human rights, though Angolan security forces have used excessive force against political activists and peaceful protesters. South Africa has taken strong stances for accountability on Palestine and other issues. It should be similarly robust with rights violations by Russia and China.

The Bharatiya Janata Party government in India led by Prime Minister Narendra Modi has refused access to UN experts. Modi’s party leaders and supporters repeatedly vilify and attack Muslims and Christians with impunity, while the authorities often punish those who protest this campaign of Hindu majoritarianism.

Pakistan should cease the use of draconian counterterrorism and sedition laws to intimidate peaceful critics, and repeal its blasphemy laws. The government should prosecute those responsible for incitement and attacks on minorities and marginalized communities.

In 2024, Iraq passed a law criminalizing same-sex relations and transgender expression. Violence and discrimination against LGBT people are rampant, for which no one is held to account. Iraqi authorities have increasingly repressed activists and journalists.

In Ecuador, the government has attacked judicial independence and security forces have committed serious human rights violations since President Daniel Noboa declared an “internal armed conflict” in January 2024.

In Chile, President Gabriel Boric’s administration has played a leading role in speaking out on human rights violations around the world. Human rights challenges, including racism and abuses against migrants, remain a problem in the country, however.

In the UK, the authorities should end their crackdown on freedom of assembly. Many peaceful protesters in support of Palestinians or action on climate change have been arrested and some imprisoned after demonstrating.

Italy should stop criminalizing and obstructing sea rescues and enabling Libyan forces to intercept migrants and refugees and take them back to Libya, where they face arbitrary detention and grave abuses. Italy also failed to comply with a 2025 International Criminal Court arrest warrant by sending a wanted suspect back to Libya instead of to The Hague.

The Human Rights Council has played a crucial role in investigating abuses in Syria, Myanmar, North Korea, Russia, Ukraine, Israel/Palestine, and elsewhere. It recently established an investigation into serious crimes in Afghanistan by all parties—past and present —and extended its fact-finding mission for Sudan. Other countries and situations need scrutiny.

Council members should press for investigations of abuses by major powers, such as China’s crimes against humanity against Uyghurs and others in Xinjiang, and take up extrajudicial killings by the US of alleged narcotics traffickers on sea vessels.

For Council investigations to be credible, it needs financing. It is critical for countries to pay their assessed UN dues while boosting voluntary contributions. This will ensure that independent human rights investigations do not become casualties of the UN’s financial crisis resulting from the Trump administration halting virtually all payments to the UN and China and others paying late.

“The Human Rights Council has been able to save countless lives by carrying out numerous human rights investigations that deter governments and armed groups from committing abuses,” Charbonneau said. “All governments should recognize that it’s in their interests to promptly pay their UN dues so the rights Council can do its job.”

IPS UN Bureau

 


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