Investing.com — Aurelion (NASDAQ:AURE) announced it has committed 10,000 units of Tether Gold tokens, valued at approximately $48 million, to XAUE, a protocol designed to generate yield on gold holdings while maintaining exposure to the underlying asset.
The commitment represents tokenized gold worth $4,719.15 per troy ounce based on the London Bullion Market Association PM Fix price as of Wednesday. Following this transaction, Aurelion will hold 33,318 units of Tether Gold, with 10,000 units staked to XAUE and 23,318 units held unstaked.
XAUE operates by deploying tokenized gold into yield-generating strategies, with returns reflected through increased gold backing per unit rather than separate distributions. The protocol restricts access to verified institutional participants and allows XAUE holders to redeem Tether Gold at their discretion, subject to subscription agreement terms.
“Gold has always been reliable, but not productive. What XAUE introduces is a way to put gold to work, both physical and tokenized, to generate yield without changing the underlying asset,” said Björn Schmidtke, Chief Executive Officer at Aurelion.
The company describes this allocation as one of the earliest institutional-scale commitments to this category. Aurelion will also support broader awareness and adoption of the XAUE framework as it develops.
Aurelion has positioned itself as the first NASDAQ-listed Tether Gold treasury company, focusing on developing business around tokenized gold. The company also provides wealth management and asset management services alongside its tokenized gold operations.
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