Aurelion Inc. (NASDAQ: AURE) Has Completed its Renaming from Prestige Wealth Inc. (Previously Traded under NASDAQ: PWM)
Rhea-AI Summary
Aurelion Inc. (NASDAQ: AURE) completed its renaming from Prestige Wealth Inc. (previously traded under NASDAQ: PWM) effective November 26, 2025. The company said its Class A ordinary shares will begin trading under the new name on that date.
The name change follows a completed $100 million PIPE anchored by Antalpha Platform Holding Company (NASDAQ: ANTA) and a $50 million senior debt facility, which together enabled Aurelion to purchase $134 million of Tether Gold (XAU₮) and position itself as a Tether Gold Real World Asset (RWA) company. Aurelion plans to focus on opportunities from tokenized gold growth.
Positive
- Completed a $100 million PIPE
- Secured a $50 million senior debt facility
- Acquired $134 million of Tether Gold (XAU₮)
Negative
- Concentration in tokenized gold exposes balance sheet to gold/token price risks
- New capital structure includes senior debt, increasing leverage
About Aurelion
Aurelion is NASDAQ's first Tether Gold (XAU₮) RWA company focused on developing a business around tokenized gold. XAU₮ combines the stability of physical gold with the efficiency of blockchain, providing investors access to tokenized gold reserve that could serve as a safe haven to inflation, currency devaluation and crypto volatility. In parallel to building a business around the development of tokenized gold, Aurelion provides wealth management and asset management services.
About Tether Gold
Tether Gold (XAU₮) is a digital asset offered by TG Commodities, S.A. de C.V. One full XAU₮ token represents one troy fine ounce of gold on a London Good Delivery bar. XAU₮ is available as an ERC-20 token on the Ethereum blockchain. The token can be traded or moved easily 24/7. XAU₮ allocated gold is identifiable with a unique serial number, purity, and weight, and is redeemable.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements of historical facts are "forward-looking statements". These statements may be identified by words "anticipate," "aspire," "intend," "plan," "offer," "goal," "objective," "potential," "seek," "believe," "project," "estimate," "expect," "forecast," "assume," "strategy," "target," "trend," "future," "likely," "may," "should," "could", "will" and variations of these words or similar expressions that are intended to identify forward-looking statements, although not all forward-looking statements contain these words. The Company expressly disclaims any obligation to update any forward-looking statements contained herein, whether as a result of any new information, future events, changed circumstances or otherwise, except as otherwise required by law.
Contacts
Investor Contact: ir@aurelion.com
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SOURCE Aurelion Inc.
FAQ
When did Prestige Wealth (NASDAQ: PWM) rename to Aurelion (NASDAQ: AURE)?
What financing supported Aurelion's name change and new strategy?
How much Tether Gold did Aurelion purchase and what does that mean?
Which investor anchored Aurelion's PIPE and what is their ticker?
Will Aurelion shares still trade under the symbol PWM?
