Odaily Planet Daily Xundelin Holdings (1709.HK) announced on October 16 that it has reached a comprehensive strategic cooperation worth up to US$200 million with Antalpha, a leading global digital asset financial services platform: tokenized gold assets and Bitcoin computing power infrastructure.
On the gold asset side, Deling has already delivered its initial $5 million investment in Tether Gold (XAU₮) and plans to acquire and distribute up to $100 million in XAU₮ over the next 12 months. Deling is also simultaneously planning a $100 million investment in Bitcoin mining infrastructure. Deling has already completed the initial procurement of thousands of high-performance mining machines and has formed a strategic alliance with Antalpha to strengthen its presence in upstream computing power, aiming to become Asia's leading publicly listed Bitcoin mining company.
