Nasdaq-Listed Aurelion Reports $157 Million in Tether Gold Holdings

According to PR Newswire, the company disclosed 33,318 Tether Gold (XAUT) valued at more than $157 million, with 10,000 tokens staked and 23,318 held unstaked.

XAUT

Summary

Nasdaq-listed Aurelion disclosed holdings of 33,318 Tether Gold (XAUT), a gold-backed digital asset, with a stated value of more than $157 million. According to PR Newswire, 10,000 XAUT were staked, while 23,318 XAUT remained unstaked. The reported valuation was based on a gold price of $4,719.15 per ounce on April 23. The disclosure shows Aurelion holding tokenized gold exposure through XAUT rather than direct physical bullion.

Terms & Concepts
  • Tether Gold (XAUT): A tokenized gold asset designed to track ownership of physical gold, allowing holders to gain blockchain-based exposure to bullion prices.
  • Staking: Locking digital assets in a protocol or platform, typically to support network or product functions and, in some cases, earn rewards.
  • Tokenized gold: A digital representation of gold on a blockchain, enabling commodity exposure through transferable crypto tokens.