Back

Antalpha 2025 Revenue Jumps 68% to $79.7M—$134M Tether Gold (tokenized gold asset XAUT) Purchase

According to its 2025 financial report, Antalpha holds 39,371 XAUT and records a $13.4 million unrealized gain; tokens are redeemable for physical gold via Antalpha RWA Hub (tokenized real-world assets platform).

XAUT

Summary

Antalpha reported $79.7 million in 2025 revenue, a 68% year-over-year increase. The company disclosed a $134 million purchase of Tether Gold (tokenized gold asset XAUT), holding 39,371 tokens and an unrealized gain of $13.4 million. The report adds that XAUT can be redeemed for physical gold through the Antalpha RWA (tokenized real-world assets) Hub, indicating a focus on tokenized exposure to bullion alongside traditional revenue growth.

Terms & Concepts
  • Tether Gold (XAUT): A gold-backed crypto token issued by Tether that represents ownership of physical bullion and supports on-chain transfers and redemption for gold.
  • RWA (Real-World Assets): Blockchain-based tokens that represent off-chain assets like gold, government bonds, or real estate, enabling digital transfer and, in some cases, physical redemption.
  • Tokenization: The process of converting rights to an asset into a blockchain token to enable programmable ownership, transfer, and settlement.