DL Holdings has reached a strategic cooperation with Antalpha, planning an acquisition and distribution of $100 million XAUT, and additionally investing $100 million for Bitcoin Mining Rig procurement.

BlockBeats news, on October 17, according to a report by businessinsider, DL Holdings Group Limited (HKEX: 1709) announced today a comprehensive strategic cooperation with Antalpha, with this collaboration worth up to $200 million covering tokenization of gold assets and Bitcoin mining infrastructure. In the field of gold assets, First Holdings has initiated a $5 million initial investment in Tether Gold (XAUT) and plans to further acquire and distribute XAUT worth up to $100 million over the next twelve months. In terms of computing power infrastructure, the group has planned another $100 million for Bitcoin Mining Rig procurement, having already completed the purchase of thousands of high-performance Mining Rigs and established a strategic alliance with Antalpha. This collaboration will strengthen First Holdings' upstream layout in the computing power field, helping it become a leading listed Bitcoin mining company in Asia.