Aurelion Allocates $48M in Tether Gold to New DeFi Yield Protocol XAUE
Aurise Foundation launches treasury layer for tokenized gold as Aurelion positions Tether Gold as primary reserve asset
Quick Look
- Aurelion, a Nasdaq-listed company formerly known as Prestige Wealth, has allocated 10,000 Tether Gold units (~$48 million) to XAUE, a new DeFi protocol launched by the Aurise Foundation that generates yield on tokenized gold through institutional lending and quantitative trading.
- The protocol operates on Ethereum with a fixed-supply model converting XAUT to XAUE at a 1,000:1 ratio.
- Aurelion raised $150 million in October 2025 to support this strategy and will hold 33,318 total Tether Gold units.
AI-generated summary
Aurelion, a Nasdaq-listed company formerly known as Prestige Wealth, has allocated 10,000 Tether Gold units (~$48 million) to XAUE, a new DeFi protocol launched by the Aurise Foundation that generates yield on tokenized gold through institutional lending and quantitative trading. The protocol operates on Ethereum with a fixed-supply model converting XAUT to XAUE at a 1,000:1 ratio. Aurelion raised $150 million in October 2025 to support this strategy and will hold 33,318 total Tether Gold units. Antalpha also committed 16,052 XAUT (~$76 million) to seed the protocol, which targets whitelisted institutional participants.
