Antalpha Platform Holding Company (NASDAQ: ANTA) ("Antalpha"), a leading institutional-grade digital asset financing platform, today announced that it has led an investment of approximately $43 million and acquired a controlling voting interest in Prestige Wealth Inc. (NASDAQ: PWM; AURE) ("Aurelion" or the "Company") through a committed private investment in a public company (PIPE). Other accredited investors included TG Commodities SA de CV ("Tether") and Kiara Capital Holding Limited ("Kiara Capital"), an investment from Antalpha's management team. Subject to approvals, the Company (NASDAQ: PWM) expects to change its name to "Aurelion Inc." and begin trading under the new ticker symbol (NASDAQ: AURE) on Monday, October 13, 2025. Paul Liang, CFO of Antalpha, said: "We are excited to partner with Tether, the world's largest stablecoin company, to expand the trusted digital gold ecosystem. When people can walk into a jewelry store and exchange Tether Gold (XAU₮) for a gold bar, digital assets will become more accessible. We hope to provide new features and services like this through the Antalpha Real World Asset Hub (Antalpha RWA Hub) to increase the liquidity and product offerings of Tether Gold (XAU₮)." Paul Liang continued, "Building on Antalpha's real-world asset hub, we are excited to lead the development of the Aurelion Treasury, Nasdaq's first pure-play Tether Gold (XAU₮) treasury, designed to increase access to tokenized gold, which is strategically important in the digital asset world. Individuals and institutions alike need a safe haven to protect against inflation, fiat currency devaluation, and cryptocurrency volatility. As a leading digital asset financing platform, it is in Antalpha's shared interest to strengthen our balance sheet with Tether Gold (XAU₮) and hold significant gold reserves to enhance collateral resilience." Strategic significance Antalpha's "Reserve 2.0" initiative builds on a pilot program earlier this year, in which Antalpha acquired $20 million worth of Tether Gold (XAU₮). In early October, we announced our partnership with Tether to launch the Antalpha Real-World Asset Hub to increase access to Tether Gold (XAU₮). This $43 million PIPE investment in the Aurelion Treasury represents the next phase of our "Reserve 2.0" initiative: expanding Antalpha's Tether Gold (XAU₮) reserves through institutional-grade infrastructure, governance, and transparency. For over 5,000 years, gold has served as the ultimate benchmark of value, consistently providing a natural hedge against macroeconomic volatility and political uncertainty. Its negative correlation with the US Dollar Index (DXY) during global crises and inflationary cycles, as well as its role as a safe haven against cryptocurrency fluctuations, underscores the value of gold on the blockchain. Tether Gold (XAU₮) addresses these vulnerabilities by being 100% physically backed and redeemable by London Bullion Market Association (LBMA)-compliant gold bars stored in Switzerland. Since its launch in 2020, approximately 7 tons of gold have been used 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, maintain liquidity, and enhance collateral resilience, in line with Antalpha's priority on risk management. Transaction Highlights Antalpha invested approximately $43 million of Aurelion’s approximately $100 million PIPE financing, with other accredited investors including Kiara Capital investing $6 million and Tether investing $15 million. Following this transaction, based on the Company's outstanding shares and assuming no exercise of the PIPE warrants, Antalpha holds approximately 32.4% of Aurelion's shares (or approximately 73.1% of the voting power), and Kiara Capital holds approximately 8.6% of Aurelion's shares (or approximately 18.9% of the voting power). Aurelion plans to continue raising funds to purchase more Tether Gold (XAU₮) and believes its concentrated ownership structure provides greater stability and ensures smoother operations. Conference Call Information Antalpha management will hold a conference call to discuss the transaction at 8:30 a.m. EST on October 14, 2025. To participate, please register in advance by visiting the following link: https://register-conf.media-server.com/register/BIdf5d33a26d64454da01f41f3d6c9610e. After registering, you will receive a dial-in number, a passcode, and your unique PIN, as well as an email with a calendar invitation. The webcast link is: 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: https://ir.antalpha.com. About Antalpha Antalpha is a leading fintech company focused on providing financing, technology, and risk management solutions to institutions in the digital asset industry. Antalpha offers Bitcoin supply chain lending and collateralized lending services through its Antalpha Prime technology platform, allowing clients to originate and manage their digital asset loans and monitor the status of their collateral with near-real-time data. About Aurelion Aurelion is Nasdaq's first Tether Gold (XAU₮) treasury. Combining the stability of physical gold with the efficiency of blockchain, it provides investors with a tokenized gold reserve that serves as a safe haven against inflation, currency devaluation, and cryptocurrency volatility. Aurelion will also continue its wealth management and asset management services. About Tether Gold (XAU₮) Tether Gold (XAU₮) is a digital asset offered by TG Commodities SA de CV. One full XAU₮ token represents one troy ounce of a London Good Delivery gold bar. XAU₮ operates as an ERC-20 token on the Ethereum blockchain, allowing for easy trading and transfer around the clock. The gold underlying XAU₮ is identifiable by a unique serial number, purity, and weight, and is redeemable. About Antalpha RWA Hub Antalpha RWA Hub is Antalpha’s dedicated real-world asset (RWA) infrastructure platform, currently focused on providing liquidity and services for gold-based real-world assets. Contact Investor Contact: [email protected] Safe Harbor Statement This press release contains statements that may constitute "forward-looking" statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of words such as "anticipate," "aspire," "intend," "plan," "offer," "goal," "objective," "potential," "seek," "believe," "project," "estimate," "expect," "forecast," "assume," "strategy," "target," "trend," "future," "may," "might," "should," "will," and similar expressions referring to future periods. These statements are neither historical facts nor guarantees of future performance. Instead, they are based solely 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 expected performance of gold, Tether Gold (XAU₮), and any other gold-related products, and Antalpha and Aurelion's intention to purchase additional XAU₮. These statements, which are neither historical facts nor guarantees of future performance, include, among other things, statements regarding Antalpha's investment in the Company through the PIPE financing, integration plans, the expected 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₮, as well as potential future capital deployments. Forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially, including regulatory scrutiny, integration challenges, XAU₮'s market price volatility, liquidity risk, counterparty and custody risk, technological and regulatory developments, accounting treatment, and other factors described in Antalpha's filings with the U.S. Securities and Exchange Commission (SEC). All information in this press release is provided only as of the date hereof, and Antalpha assumes no obligation to update any forward-looking statements, except as required by applicable law.Antalpha Platform Holding Company (NASDAQ: ANTA) ("Antalpha"), a leading institutional-grade digital asset financing platform, today announced that it has led an investment of approximately $43 million and acquired a controlling voting interest in Prestige Wealth Inc. (NASDAQ: PWM; AURE) ("Aurelion" or the "Company") through a committed private investment in a public company (PIPE). Other accredited investors included TG Commodities SA de CV ("Tether") and Kiara Capital Holding Limited ("Kiara Capital"), an investment from Antalpha's management team. Subject to approvals, the Company (NASDAQ: PWM) expects to change its name to "Aurelion Inc." and begin trading under the new ticker symbol (NASDAQ: AURE) on Monday, October 13, 2025. Paul Liang, CFO of Antalpha, said: "We are excited to partner with Tether, the world's largest stablecoin company, to expand the trusted digital gold ecosystem. When people can walk into a jewelry store and exchange Tether Gold (XAU₮) for a gold bar, digital assets will become more accessible. We hope to provide new features and services like this through the Antalpha Real World Asset Hub (Antalpha RWA Hub) to increase the liquidity and product offerings of Tether Gold (XAU₮)." Paul Liang continued, "Building on Antalpha's real-world asset hub, we are excited to lead the development of the Aurelion Treasury, Nasdaq's first pure-play Tether Gold (XAU₮) treasury, designed to increase access to tokenized gold, which is strategically important in the digital asset world. Individuals and institutions alike need a safe haven to protect against inflation, fiat currency devaluation, and cryptocurrency volatility. As a leading digital asset financing platform, it is in Antalpha's shared interest to strengthen our balance sheet with Tether Gold (XAU₮) and hold significant gold reserves to enhance collateral resilience." Strategic significance Antalpha's "Reserve 2.0" initiative builds on a pilot program earlier this year, in which Antalpha acquired $20 million worth of Tether Gold (XAU₮). In early October, we announced our partnership with Tether to launch the Antalpha Real-World Asset Hub to increase access to Tether Gold (XAU₮). This $43 million PIPE investment in the Aurelion Treasury represents the next phase of our "Reserve 2.0" initiative: expanding Antalpha's Tether Gold (XAU₮) reserves through institutional-grade infrastructure, governance, and transparency. For over 5,000 years, gold has served as the ultimate benchmark of value, consistently providing a natural hedge against macroeconomic volatility and political uncertainty. Its negative correlation with the US Dollar Index (DXY) during global crises and inflationary cycles, as well as its role as a safe haven against cryptocurrency fluctuations, underscores the value of gold on the blockchain. Tether Gold (XAU₮) addresses these vulnerabilities by being 100% physically backed and redeemable by London Bullion Market Association (LBMA)-compliant gold bars stored in Switzerland. Since its launch in 2020, approximately 7 tons of gold have been used 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, maintain liquidity, and enhance collateral resilience, in line with Antalpha's priority on risk management. Transaction Highlights Antalpha invested approximately $43 million of Aurelion’s approximately $100 million PIPE financing, with other accredited investors including Kiara Capital investing $6 million and Tether investing $15 million. Following this transaction, based on the Company's outstanding shares and assuming no exercise of the PIPE warrants, Antalpha holds approximately 32.4% of Aurelion's shares (or approximately 73.1% of the voting power), and Kiara Capital holds approximately 8.6% of Aurelion's shares (or approximately 18.9% of the voting power). Aurelion plans to continue raising funds to purchase more Tether Gold (XAU₮) and believes its concentrated ownership structure provides greater stability and ensures smoother operations. Conference Call Information Antalpha management will hold a conference call to discuss the transaction at 8:30 a.m. EST on October 14, 2025. To participate, please register in advance by visiting the following link: https://register-conf.media-server.com/register/BIdf5d33a26d64454da01f41f3d6c9610e. After registering, you will receive a dial-in number, a passcode, and your unique PIN, as well as an email with a calendar invitation. The webcast link is: 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: https://ir.antalpha.com. About Antalpha Antalpha is a leading fintech company focused on providing financing, technology, and risk management solutions to institutions in the digital asset industry. Antalpha offers Bitcoin supply chain lending and collateralized lending services through its Antalpha Prime technology platform, allowing clients to originate and manage their digital asset loans and monitor the status of their collateral with near-real-time data. About Aurelion Aurelion is Nasdaq's first Tether Gold (XAU₮) treasury. Combining the stability of physical gold with the efficiency of blockchain, it provides investors with a tokenized gold reserve that serves as a safe haven against inflation, currency devaluation, and cryptocurrency volatility. Aurelion will also continue its wealth management and asset management services. About Tether Gold (XAU₮) Tether Gold (XAU₮) is a digital asset offered by TG Commodities SA de CV. One full XAU₮ token represents one troy ounce of a London Good Delivery gold bar. XAU₮ operates as an ERC-20 token on the Ethereum blockchain, allowing for easy trading and transfer around the clock. The gold underlying XAU₮ is identifiable by a unique serial number, purity, and weight, and is redeemable. About Antalpha RWA Hub Antalpha RWA Hub is Antalpha’s dedicated real-world asset (RWA) infrastructure platform, currently focused on providing liquidity and services for gold-based real-world assets. Contact Investor Contact: [email protected] Safe Harbor Statement This press release contains statements that may constitute "forward-looking" statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of words such as "anticipate," "aspire," "intend," "plan," "offer," "goal," "objective," "potential," "seek," "believe," "project," "estimate," "expect," "forecast," "assume," "strategy," "target," "trend," "future," "may," "might," "should," "will," and similar expressions referring to future periods. These statements are neither historical facts nor guarantees of future performance. Instead, they are based solely 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 expected performance of gold, Tether Gold (XAU₮), and any other gold-related products, and Antalpha and Aurelion's intention to purchase additional XAU₮. These statements, which are neither historical facts nor guarantees of future performance, include, among other things, statements regarding Antalpha's investment in the Company through the PIPE financing, integration plans, the expected 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₮, as well as potential future capital deployments. Forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially, including regulatory scrutiny, integration challenges, XAU₮'s market price volatility, liquidity risk, counterparty and custody risk, technological and regulatory developments, accounting treatment, and other factors described in Antalpha's filings with the U.S. Securities and Exchange Commission (SEC). All information in this press release is provided only as of the date hereof, and Antalpha assumes no obligation to update any forward-looking statements, except as required by applicable law.