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Nasdaq emerges as a dark horse: $150 million financing to sweep up tokenized gold, the traditional stock market is the first to eat the RWA crab.

[Coin World] Nasdaq has a tough player — Aurelion Inc. (code AURE) has just completed its rebranding and is directly entering the tokenization of gold sector.

Behind this operation is a $100 million private placement led by Antalpha Platform, plus $50 million in senior debt, totaling $150 million in funds received. After the funds were in place, they did something big: they directly spent $134 million to buy Tether Gold (XAU₮), making themselves the first publicly listed company on Nasdaq to hold physical gold tokens.

The company was formerly called Prestige Wealth, and it has now completely transformed, going all in on RWA (real world assets). The strategy is clear: using the compliant identity of the traditional stock market to engage in the tokenization of gold in the crypto world. This “having one foot in two boats” approach is a new way for institutional funds to enter RWA.

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FUD_Whisperervip
· 22h ago
The traditional stock market has started playing with RWA, is this for real... 150 million invested in XAU₮, is it a gambler's mindset or do they really have confidence?
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LiquidatedNotStirredvip
· 11-26 14:09
Well... TradFi has also started to play with Token gold, this is interesting. Nasdaq really has too much idle money, investing 134 million all at once to sweep XAU₮, that's some serious guts. Why does the RWA path feel more and more crowded...
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blockBoyvip
· 11-26 14:03
150 million is directly invested in buying up, this pace is a bit intense, more and more people are betting on RWA.
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SilentObservervip
· 11-26 14:03
Wow, even Nasdaq is starting to play with Token gold? How desperate must that be, haha Is TradFi really going to be eaten by web3 in the end? It's terrifying to think about Directly throwing in 134 million, that's quite a move... No wonder they renamed it all in It used to be called prestige wealth and now it's turned into a gold peddler, that's quite a contrast Wait, is this just another capital manipulating the concept of RWA? Is it really valuable or just pure Be Played for Suckers? Physical gold tokenization... They call it innovation, but why do I feel a bit skeptical? Ngl, this operation is indeed bold, but the risks are extraordinary, right? It feels like there will be some catching a falling knife, and some will get Rekt, just depends on who is faster Again it's Nasdaq, again it's raising 150 million, again it's all in, how does this strategy feel just like back in the day? I’m starting to feel that the boundaries between the traditional stock market and the crypto world are really getting blurrier.
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NFT_Therapyvip
· 11-26 13:57
150 million thrown in to go all in on Token gold, that's really bold.
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