TLDR
- Tether Gold Treasury completed a purchase of $ 134 million by Tether Gold (Xau ₮) to $ 4,021 per unit.
- Aurelion secured $ 150 million in funding with numbering who acquired to control the right to vote.
- Tether and Number Pha aim to expand the digital gold ecosystem and increase liquidity.
- Aurelion will retain its asset management operations and will only hold Tether Gold as his state reserve.
- NumberPha will use Tether Gold -Bed loans through its main platform to scale its operations.
Nasdaq-Listad Tether Gold Treasury, a subsidiary of Antilphhas completed the purchase of $ 134 million in Tether Gold (Xau ₮). The acquisition was made at a price of $ 4,021 per xau ₮. This movement strengthens the company’s commitment to expand its tokenized gold holdings.
Aurelion’s financing of $ 150 million ensures numberpha control
Aurelion Inc., formerly known as Tether Gold Treasury, completed financing of $ 150 million last week. This included $ 100 million in pipe revenue and a debt facility of $ 50 million. NumberPha Platform Holding Company led the funding and acquired the control of voting rights with a $ 43 million beep investment.
Björn SchmidtkeCEO of Aurelion, pronounced, “This marks a crucial milestone for Aurelion and tokenized gold adoption.” Financing positions Aurelion to lead to offering gold -supported digital assets on blockchain.
Tether collaborates with numberpha to expand the ecosystem for digital gold
NonPha’s partnership with Tether aims to expand the digital gold ecosystem. Tether acquired a share of 8.1% in number PHA through a joint effort of $ 200 million. This partnership also aims to raise awareness of Tether Gold as a safe and transparent access.
Paul Liang, Numberpha’s CFO, expressed excitement over the collaboration and says: “Tether Gold will bring digital assets to a wider market.” The partnership will improve liquidity and offer new products, including gold -supported loans.
Cooperation is expected to unlock new opportunities for institutions and the public. Tether and Number Pha are aimed at making digital gold available, providing stability and confidence in an increasingly digital financial landscape.
Aurelion will retain its asset management business Bind gold as its only tax chamber reserve. The company has undertaken to maintain openness and discipline to manage its gold holdings. Through its collaboration with NumberPha, Aurelion aims to improve the resilience of security and preserve liquidity.
Aurelion will lend unobstructed Tether Gold to Number Pha. The numberpha will then provide Tether gold -supported loans through its main platform. This arrangement enables the number of PHA to scale its business while holding a strong balance sheet.
