Gensy Capital reported that Prestige Wealth, listed on NASDAQ ( and soon to be renamed Aurelion), announced the buy out of Tether Gold (XAUT) for 134 million Dollar. This purchase was made after completing a financing round of 150 million Dollar led by Antalpha. Aurelion bought the coins at an average price of 4,021.81 Dollar per XAUT. XAUT represents one troy ounce of actual gold and can be redeemed for standard LBMA gold bars stored in Switzerland. Since its launch in 2020, Tether Gold has accumulated about 7 tons of actual gold reserves.#GateFunCommunityIsComing #CryptoMarketRebound #TopDipPicks #PI #BTC

XAUT-1,09%
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