Odaily Planet Daily reports that Nasdaq-listed Prestige Wealth (soon to be renamed Aurelion) announced its $134 million purchase of Tether Gold (XAUT). This purchase follows the completion of a $150 million funding round led by Antalpha. Aurelion purchased the tokens at an average price of $4,021.81 per XAUT. XAUT represents one ounce of physical gold per token, redeemable for LBMA-standard gold bars stored in Switzerland. Since its launch in 2020, Tether Gold has accumulated approximately 7 tons of physical gold reserves.