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DL Holdings announced a strategic partnership with Antalpha to acquire and distribute $100 million worth of XAUT and invest another $100 million in Bitcoin mining equipment.
2025-10-17 01:34

Odaily Planet Daily News: DL Holdings Group Limited (HKEX: 1709) today announced a comprehensive strategic partnership with Antalpha. This collaboration, valued at up to US$200 million, covers tokenized gold assets and Bitcoin mining infrastructure.

In the gold asset sector, First Holdings has initiated an initial investment of $5 million in Tether Gold (XAUT) and plans to acquire and distribute up to $100 million worth of XAUT over the next twelve months. Regarding computing power infrastructure, the group has planned to invest an additional $100 million in the purchase of Bitcoin mining machines. It has already purchased thousands of high-performance mining machines and has established a strategic alliance with Antalpha. This partnership will strengthen First Holdings' upstream computing power presence and help it become a leading listed Bitcoin mining company in Asia. (Business Insider)