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Digital gold bet: Aurelion (NASDAQ: AURE) shows $134m NAV and XAUt focus

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Form Type
6-K

Rhea-AI Filing Summary

Aurelion Inc. furnished an investor presentation outlining its strategy as a digital gold asset manager focused on Tether Gold (XAUt). The company positions itself as the primary equity vehicle for exposure to XAUt, aiming to generate low-risk yield on its own and third-party XAUt holdings, earning management fees.

The presentation notes an Oct 2025 acquisition of Prestige Wealth, a $100m PIPE equity injection, and the purchase of 33,318 ounces of gold via XAUt at $4,022 per ounce. As of 31 Dec 2025, net asset value is shown as $134.0m, based on liquid assets of $175.6m (including $171.5m of XAUt valued at $5,148 per unit on 25 Feb 2026) and debt of $40.6m. Shares outstanding are 36.8 million, reflecting a 1-for-10 share consolidation effective 19 Feb 2026, with reported NAV per share of $3.65, XAUt value per share of $4.65, and 0.0009 gold ounce per share. The deck highlights an 11% Tether shareholding and frames Aurelion as a play on USD debasement, gold as a store of value, and wider adoption of tokenized gold.

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Insights

Aurelion details a leveraged digital-gold NAV story tied to XAUt and Tether.

Aurelion presents itself as a specialist asset manager for Tether Gold (XAUt), targeting yield on both proprietary and third-party holdings. The slide deck shows a business model levered to gold prices, XAUt adoption and the willingness of holders to seek yield on tokenized gold positions.

Financially, the company reports a $134.0m net asset value as of 31 Dec 2025, driven mainly by $171.5m in XAUt against $40.6m of debt. That creates sensitivity to movements in the XAUt price, while the stated NAV per share of $3.65 and XAUt value per share of $4.65 show how closely equity value is tied to digital gold.

The strategy depends on continued growth of Tether’s XAUt, regulatory stability around digital assets, and effective risk management for custody and rehypothecation. Future filings covering realized yield on XAUt, changes in gold holdings, and updates to the debt profile will be important for understanding the durability of this NAV-based story.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of March 2026

 

Commission File Number: 001-41734

 

Aurelion Inc.

 

Office Unit 6620B, 66/F, The Center

99 Queen’s Road Central

Central, Hong Kong

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F    Form 40-F

 

 

 

 

 

 

Explanatory Note

 

Exhibit 99.1 to this current report on Form 6-K is incorporated by reference into the registration statement on Form F-3 of Aurelion Inc. (File No. 333-290953) and related prospectus, and shall be a part thereof from the date on which this current report is furnished, to the extent not superseded by documents or reports subsequently filed or furnished.

 

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EXHIBITS

 

Exhibit No.   Description
99.1   Investor Presentation

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Aurelion Inc.
     
Date: March 2, 2026 By: /s/ Bjorn Schmidtke
  Name:  Bjorn Schmidtke
  Title: Chief Executive Officer

 

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Exhibit 99.1

 

DRIVING ADOPTION OF ONCHAIN DIGITAL GOLD WORKING CLOSELY WITH ECOSYSTEM LEADERS INCLUDING TETHER AND ANTALPHA NASDAQ: AURE INVESTOR PRESENTATION FEB 2026

 

 

Disclaimer 2 This presentation contains forward - looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward - looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and sim ilar statements. Among other things, the outlook for the upcoming fiscal year and quarters and quotations from management in this presentation, as well as the Company’s strategic and operational plans, may contain forward - looking statement s. The Company may also make written or oral forward - looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward - looking statements. Forward - loo king statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward - looking statement, inclu ding but not limited to the following: changes in the market for our products and services; our ability to access additional capital; our ability to attract and retain qualified personnel; changes in general economic, business and i ndu stry conditions; changes in applicable laws or regulations; expansion plans and opportunities; changes in the regulatory environment for crypto currencies and stablecoin ecosystems; changes in the price of digital assets, including XA Ut; changes in spot price of gold; changes in price co - relation between stablecoins and their pegged assets, including XAUt and gold; risks associated with owning digital assets, including XAUt, including price volatility, lim ite d liquidity and trading volumes, relative anonymity, potential widespread susceptibility to market abuse and manipulation, compliance and internal control failures at exchanges and other risks inherent in its entirely electronic, virt ual - form and decentralized network; the fluctuation of our operating results, including because we may be required to account for our digital assets at fair value; limitations in our ability to time the price of our purchase of digital asse ts; our potential subjection to corporate alternative minimum tax due to unrealized fair value gains on our digital asset holdings; legal, commercial, regulatory and technical uncertainty regarding digital assets and enhanced regulatory oversight of companies holding digital assets including the possibility that regulators reclassify any digital assets we hold, including XAUt, as a security or a “cash item”, causing us to be in violation of securities laws and be classified as a n “ investment company” under the Investment Company Act of 1940; competition by other digital asset treasury companies, gold - related asset treasury companies, and the availability of financial products related to gold; the possibility of experiencing greater fraud, security failures or operational problems on digital asset trading venues compared to trading venues for more established asset classes, and any malfunction, breakdown or abandonment of the underlying blockch ain protocols, or other technological difficulties, may prevent access to or use of such digital assets; elevation of rehypothecation risk in times of market condition changes as the XAUt we own may be rehypothecated; and from tim e t o time when we hold our digital assets through a third - party custodian, the loss of direct control over our digital assets and dependence on the custodian’s security practices and operational integrity which may lead to the loss of its digital assets as a result of the insolvency of the custodian, theft by employees or insiders of the custodian or if the custodian’s security measures are compromised, including as a result of a cyber - attack. Further information regarding these and other risks is included in the Company's filings with the Securities and Exchange Commission, including its annual report on Form 20 - F. The Company does not undertake any obligation to update any forward - lookin g statement as a result of new information, future events or otherwise, except as required under applicable law. All information provided herein is as of the date of this presentation, and the Company undertakes no duty to up date such information, except as required under applicable law. The information contained in this document has not been independently verified. No representation or warranty express or impl ied is made as to, and no reliance should be placed on the fairness, accuracy, completeness, reasonableness or correctness of such information or opinions contained herein. The information contained in this document sh oul d be considered in the context of the circumstances prevailing at the time and has not been, and will not be, updated to reflect material developments which may occur after the date of the presentation. None of the Company or any o f t heir respective affiliates, advisers or representatives shall be in any way responsible for the contents hereof, or shall be liable (in negligence or otherwise) for any loss howsoever arising from any use of this document or its c ont ents or otherwise arising in connection with this document. By accepting to access any copy of the slides presented, you agree that you (i) have read and agree to comply with the requir eme nts of this notice and disclaimer; (ii) will maintain absolute confidentiality regarding this presentation and the information disclosed in this presentation; (iii) will not distribute or reproduce this presentation, in whole or in part ; ( iv) are (a) accustomed to receiving the type of information contained in this presentation, and (b) a person into whose possession this presentation may be lawfully delivered in accordance with the laws of the jurisdiction in which it is located ; a nd (v) will not make direct contact with (a) the Company’s suppliers, customers, tenants, partners or subcontractors; (b) any governmental, administrative, stock exchange or other regulatory bodies which supervise or regulate t he Company; or (c) employees of the Company. Any failure to comply with these restrictions may result in violation of applicable laws and lead to legal or regulatory action or other material adverse consequences.

 

 

Aurelion is the best equity vehicle for Tether Gold 3 Aurelion’s mission Digital gold USDt - c.$190bn market cap. Issued by Tether. XAUt - USDt 2.0, replacing the underlying from USD to physical gold. Enable the adoption of digital gold in partnership with Tether. Aurelion’s Prospective P&L drivers Addressable Market Gold - c.$30tn market cap. Digital gold - 10%, $3tn. Leveraged exposure to gold price appreciation. Yield generation with our digital gold holdings. Revenue from 3rd party holders on yield generation.

 

 

Tokenized USD has seen massive adoption 4 Tether has driven success of digital USD, the most popular digital bank for the unbanked USDt users USDt market cap Source: CoinMarketCap Source: Tether.io

 

 

Tether is leaning into the USD debasement trend 5 Bringing back gold as a store of value and means of exchange Tether is driving the reintroduction of gold as means of payment “Restore gold as the ubiquitous, trusted, transparent payment method, away from fiat currencies that led to uncontrolled money printing” Tether has built up its gold holdings rapidly, demonstrating gold’s store of value Tether, as a pioneer of tokenizing physical gold, has bought 47 tons of gold over the past 4 quarters At 106 tons as of 3Q25, Tether would rank a top - 30 gold holding central bank Source: Tether.io Source: Tether.io

 

 

Tether is serious about Gold Source: World Gold Council and Tether.io 6 Tether would be Place 21 as of Q1 2026, at current acquisition speed Tether would be Place 31 as of Q3 2025

 

 

Tether gold (XAUt) represents USD debasement in tokenized form What is underlying XAUt ● 1 troy ounce of physical LBMA gold for 1 XAUt ● Fully backed by physical gold held in secure vaults in Switzerland, at no storage charge to the XAUt holder ● XAUt provides a convenient, frictionless way for the USDT users (over 500 million worldwide) to hold and transact in gold ● Redeemable in Switzerland 1:1 7 On digital rail, like USDt in infrastructure, with physical gold as underlying

 

 

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Aurelion is the #1 asset manager in the XAUt universe 9 Low - risk yield generation on digital gold holdings accelerates adoption Corporate History ● Acquisition of Prestige Wealth in Oct 2025 ● Equity injection of $100m via PIPE ● Purchase of 33,318 ounces of gold, in the form of XAUt, at $4,022 / ounce in Oct 2025 Corporate Strategy ● #1 asset manager in the XAUt space, by generating low - risk, active yield on XAUt holdings ● Generate yield on our own holdings, through “buy and hold XAUt” ● Generate yield on 3rd party XAUt holdings and earn a management fee Tether Partnership 11% shareholding

 

 

Summary 10 ● Is USD debasement a mega trend? ● If so, is gold going to be major beneficiary? ● Will XAUt surpass USDt’s scale, beyond 500m users? ● Will a significant portion of XAUt holders look for yield on their XAUt holdings? ● Will Aurelion capture value from the yield - seeking demand? Aurelion offers exposure to this exponential growth in digital gold

 

 

NAV (net asset value) 11 31 Dec 2025 $ million 175.6 Liquid Assets 3.6 Cash 171.5 XAUt (based on 25 Feb 2026 price) 5,148 Price (as of 25 Feb 2026) 33,318 Units (1 XAUt = 1 ounce) 40.6 Debt 134.0 NAV 36.8 Shares outstanding 0.0009 Gold ounce per share 4.65 XAUt $ value per share 3.65 NAV per share Note: Based on unaudited management accounts; Net asset value is calculated as cash + XAUt holdings - debt; Shares outstanding include issued and outstanding share capital and pre - funded warrants, and has reflected the 1 - for - 10 share consolidation effective as of February 19, 2026.

 

 

Thank You.

 

FAQ

What is Aurelion Inc. (AURE) focusing on in its digital gold strategy?

Aurelion focuses on managing Tether Gold (XAUt) holdings and generating low-risk yield. It aims to earn fees by managing both its own and third-party XAUt, positioning itself as a primary equity vehicle for exposure to tokenized gold and USD debasement themes.

How much net asset value does Aurelion Inc. report in this presentation?

Aurelion reports net asset value of $134.0m as of 31 Dec 2025. This is based on liquid assets of $175.6m, primarily $171.5m of XAUt, and $40.6m of debt, illustrating a balance sheet heavily exposed to digital gold prices.

What XAUt and gold exposure does Aurelion Inc. disclose for AURE shareholders?

Aurelion shows 33,318 units of XAUt, each representing one ounce of gold, purchased at $4,022 per ounce. As of 25 Feb 2026, XAUt is priced at $5,148, translating to 0.0009 gold ounce per share, XAUt value of $4.65 and NAV of $3.65 per share.

What major financing and acquisition steps has Aurelion Inc. taken?

The company acquired Prestige Wealth in Oct 2025 and received a $100m equity injection via a PIPE transaction. It then bought 33,318 ounces of gold through XAUt, supporting its strategy to become a leading manager in the XAUt ecosystem with meaningful tokenized gold exposure.

How is Aurelion Inc. linked to Tether in this investor presentation?

The presentation states that Aurelion works closely with Tether and highlights an 11% Tether shareholding. Aurelion positions itself as the best equity vehicle for Tether Gold, leveraging XAUt’s role as a tokenized representation of physical gold and a play on perceived USD debasement.

How many Aurelion Inc. shares are outstanding and how is NAV per share derived?

Aurelion reports 36.8 million shares outstanding as of 31 Dec 2025, including pre-funded warrants and reflecting a 1-for-10 share consolidation effective 19 Feb 2026. Using its $134.0m net asset value, the presentation arrives at a NAV per share of $3.65.

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