Antalpha leads a $100 million private placement in Prestige Wealth Inc., which will rename to Aurelion Inc., focusing on establishing a Tether Gold (XAU₮) treasury to provide stable digital asset investment options.

Antalpha Platform Holding invested $43 million in Prestige Wealth Inc., leading a $100 million private placement to create the first NASDAQ Tether Gold Treasury, aiming to provide a stable digital asset investment strategy focused on gold-backed tokens.

Citigroup has gone lukewarm on U.S. stocks, saying risks of a recession are not going away and megacap growth stocks could be in for a pullback.