Digital gold pivot: Aurelion (NASDAQ: AURE) details XAUt yield strategy
Rhea-AI Filing Summary
Aurelion Inc. furnishes an investor presentation outlining its strategy to drive adoption of onchain digital gold, working closely with partners including Tether and Antalpha. The company positions itself as an equity vehicle for Tether Gold (XAUt), which represents 1 troy ounce of physical LBMA gold held in Swiss vaults for each token.
Aurelion highlights a large addressable market, citing an estimated c.$30 trillion gold market and a potential 10% digital gold share of about $3 trillion. Corporate history includes acquiring Prestige Wealth in October 2025, a $100 million equity injection via a PIPE, and purchasing 33,318 ounces of gold in the form of XAUt at $4,022 per ounce. The strategy is to be the leading asset manager in the XAUt space by generating low-risk yield on its own and third-party XAUt holdings, earning management fees.
The presentation describes unaudited net asset value as of December 31, 2025 based on cash, XAUt holdings and debt, and provides per-share metrics, linking each share to a fraction of a gold ounce and related XAUt and NAV values. Aurelion also notes an 11% shareholding by Tether and emphasizes that its business model offers leveraged exposure to gold price movements and yield generation on digital gold.
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Insights
Aurelion pivots into tokenized gold yield, tied closely to Tether.
Aurelion describes a business model centered on XAUt, Tether’s tokenized gold, aiming to become the leading asset manager in this niche. It reports acquiring Prestige Wealth in October 2025, receiving a $100 million PIPE equity injection, and buying 33,318 ounces of XAUt at $4,022 per ounce. This creates leveraged exposure to gold prices alongside yield strategies on digital gold holdings.
The model has two main revenue drivers: yield on Aurelion’s own XAUt and management fees on third-party XAUt, framed against an estimated c.$30 trillion physical gold market and a hypothetical 10% digital gold share. An 11% shareholding by Tether links Aurelion tightly to the USDT and XAUt ecosystem, so its fortunes are likely to track both gold pricing and the adoption of Tether’s products.
The presentation also outlines unaudited net asset value as of December 31, 2025, calculated as cash plus XAUt holdings minus debt, and expresses this on a per-share basis including gold ounces per share. Risks flagged in the disclaimer—such as digital asset price volatility, regulatory changes, and potential reclassification of digital assets—suggest that future NAV and yield outcomes could be sensitive to both market and regulatory developments.
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 January 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: January 27, 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 JAN 2026
Disclaimer 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 similar 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 statements . 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 - looking 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, including 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 industry 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 XAUt; 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, limited 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, virtual - 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 assets; 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 an “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 blockchain 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 time to 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 - looking 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 update 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 implied 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 should 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 of their 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 contents 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 requirements 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; and (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 the 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. 2
Aurelion is the best equity vehicle for Tether Gold Digital gold USDt - c.$190bn market cap. Issued by Tether. XAUt - USDt 2.0, replacing the underlying from USD to physical gold. Aurelion’s mission Enable the adoption of digital gold in partnership with Tether. Addressable Market Gold - c.$30tn market cap. Digital gold - 10%, $3tn. 3 Aurelion’s Prospective P&L drivers 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 Tether has driven success of digital USD, the most popular digital bank for the unbanked USDt users USDt market cap Source: CoinMarketCap 4 Source: Tether.io
Tether is leaning into the USD debasement trend Bringing back gold as a store of value and means of exchange Tether is driving the reintroduction of gold as means of payment 5 “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 Q 1 2026 , at current acquisition speed Tether would be Place 31 as of Q3 2025
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 Tether gold (XAUt) represents USD debasement in tokenized form On digital rail, like USDt in infrastructure, with physical gold as underlying 7
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Aurelion is the #1 asset manager in the XAUt universe 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 9
Summary ● 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 10
NAV (net asset value) 31 Dec 2025 $ million 165.6 Liquid Assets 3.6 Cash 162.0 XAUt (based on 21 Jan 2026 price) 4,863 Price (as of 21 Jan 2026) 33,318 Units (1 XAUt = 1 ounce) 40.6 Debt 125.0 NAV 368.2 Shares outstanding 0.00009 Gold ounce per share 0.44 XAUt $ value per share 0.34 NAV per share 11 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.
Thank You.
FAQ
What does Aurelion Inc. (AURE) disclose in its January 2026 Form 6-K?
The Form 6-K furnishes an investor presentation that is incorporated by reference into Aurelion’s Form F-3 shelf registration. The presentation explains Aurelion’s strategy as an equity vehicle for Tether Gold (XAUt), outlines its partnership with Tether and Antalpha, describes its yield-focused business model on digital gold, and provides an unaudited net asset value snapshot as of December 31, 2025.
What is Aurelion Inc.’s core business strategy around digital gold and XAUt?
Aurelion aims to be the #1 asset manager in the XAUt space by generating low-risk, active yield on digital gold holdings. It plans to earn returns on its own XAUt through a "buy and hold XAUt" approach and to generate yield on third-party XAUt holdings, earning a management fee. The mission is to enable the adoption of digital gold in partnership with Tether, leveraging XAUt as a token fully backed by physical gold held in Switzerland.
What major transactions and capital changes does Aurelion (AURE) highlight?
The presentation notes the acquisition of Prestige Wealth in October 2025 and an equity injection of $100 million via a PIPE. It also reports the purchase of 33,318 ounces of gold in the form of XAUt at $4,022 per ounce in October 2025. These steps underpin Aurelion’s shift toward a balance sheet and income model tied to tokenized gold.
How does Aurelion describe Tether Gold (XAUt) and its role in the business model?
Aurelion states that 1 XAUt equals 1 troy ounce of physical LBMA gold, fully backed by gold held in secure Swiss vaults, with no storage charge to XAUt holders. XAUt is redeemable in Switzerland on a 1:1 basis. The company positions XAUt as a digital representation of gold on the same rails as USDT, giving over 500 million USDT users a way to hold and transact in gold, which is central to Aurelion’s yield-generation and asset management strategy.
What market opportunity does Aurelion (AURE) see for digital gold?
The presentation cites an estimated c.$30 trillion market capitalization for physical gold and suggests a potential 10% share for digital gold, amounting to about $3 trillion. Aurelion’s thesis is that USD debasement could make gold a major beneficiary and that XAUt could scale beyond USDT’s user base, creating demand from XAUt holders seeking yield that Aurelion aims to capture.
What does Aurelion reveal about its net asset value and leverage as of December 31, 2025?
Aurelion provides an unaudited NAV calculation as of December 31, 2025, defined as cash plus XAUt holdings minus debt, and breaks this down into liquid assets, cash, XAUt (based on a January 21, 2026 price), and debt. It also presents per-share metrics, including gold ounces per share and XAUt and NAV values per share, to show how each share is tied economically to underlying digital gold and balance sheet leverage.
How is Aurelion Inc. (AURE) linked to Tether and the broader stablecoin ecosystem?
Aurelion emphasizes that Tether has driven adoption of tokenized USD (USDT) and is now focusing on tokenized gold via XAUt. The presentation notes that Tether has acquired significant physical gold holdings and that Aurelion has an 11% shareholding by Tether. This ties Aurelion’s growth prospects to both gold as a store of value and Tether’s initiatives in the digital asset and stablecoin ecosystem.