According to OnchainLens, Antalpha transferred 1,700 XAUT worth about $8.46 million to Cobo’s deposit wallet on March 17. XAUT, also known as Tether Gold, is a tokenized gold asset issued by Tether and backed by physical gold. The reported transaction reflects an onchain movement of a gold-backed digital asset between wallets linked to Antalpha and Cobo.