Antalpha
Antalpha (NASDAQ: ANTA) provides institutional collateralized lending, risk management, and Web3 AI infrastructure (Antalpha Prime, MCP server, Nina assistant) to Bitcoin miners, digital asset holders, and Web3 developers, with deep ties to Bitmain and Tether.
- Company typePublic
- Founded2021
- HeadquartersSingapore, Singapore
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Antalpha does
Antalpha (NASDAQ: ANTA) is a publicly traded fintech company founded in 2022 and headquartered in Singapore, providing institutional-grade financing, technology, and risk management solutions to participants in the Bitcoin and broader digital asset industry. Its core lending franchise operates through Antalpha Prime, offering mining equipment financing, supply chain credit ($434M), BTC/ETH-collateralized loans, and tokenized gold (XAUt) collateralized lending ($1.28B), with a loan book that grew to $2.8B by Q4 2025 from $1.6B at end-2024. Bitmain serves as the primary lending partner for the BTC mining ecosystem, and Tether holds an 8.2% strategic stake disclosed in April 2026.
The company's technology platform comprises three integrated products. Antalpha MCP is a Model Context Protocol server exposing 146+ Web3 tools across 18 skill packages covering DEX swaps, CEX trading (Binance, OKX), prediction markets (Polymarket), perpetuals (Hyperliquid), on-chain analytics (Dune, Nansen, Arkham), and Bitcoin mining operations (Nonce). Nina is a consumer-facing Web3 AI assistant that orchestrates multiple LLMs (Google Gemini, Moonshot Kimi, DeepSeek) through the MCP framework to provide natural-language access to on-chain data and execution. Antalpha Prime also includes the Shield module for real-time risk monitoring across DeFi/CeFi positions.
Antalpha monetizes primarily through interest income on its collateralized loan book, with FY2025 revenue of $79.7M (+68% YoY) and net income of $18.5M (+321% YoY). Go-to-market combines direct enterprise sales for Antalpha Prime, self-serve developer API access for MCP, and a freemium consumer app (Nina) for top-of-funnel acquisition. Beyond the lending core, Antalpha has expanded into tokenized gold infrastructure via its 32.4% controlling stake in Aurelion Inc. (NASDAQ: AURE, acquired October 2025 with a $43M PIPE investment) and strategic partnerships with Malca-Amit and OSL Group in Hong Kong. The company completed its NASDAQ IPO on May 14, 2025, and has since launched the Nina AI agent in beta (May 2026) as a new product line targeting Web3 AI infrastructure.
Antalpha firmographics
Firmographics- Name
- Antalpha
- Legal name
- Antalpha Platform Holding Company
- Website
- https://www.antalpha.com
- Company type
- Public
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Antalpha (NASDAQ: ANTA) provides institutional collateralized lending, risk management, and Web3 AI infrastructure (Antalpha Prime, MCP server, Nina assistant) to Bitcoin miners, digital asset holders, and Web3 developers, with deep ties to Bitmain and Tether.
- Ownership category
- akta.pro rank
Antalpha industry classification
Industry- Product category
- Digital Asset Lending & Web3 AI Infrastructure
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Prime Brokerage & Institutional Trading Services (FSAPADAF)
- akta.pro secondary industries
- Prime Brokerage (Multi-Asset Crypto) (FSADAJAA), Institutional DeFi & On-Chain Liquidity Infrastructure (Permissioned DeFi, Lending) (FSAGAMAG)
Keywords
Where Antalpha is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices3 records
Markets served
Antalpha business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- Digital Asset Lending & Financing: Interest income from collateralized lending against digital assets; loan book reached $2.8B in Q4 2025, up from $1.6B at end-2024. Includes supply chain lending of $434M.
- XAUt Collateralized Lending: Interest income from lending against tokenized gold (XAUt) collateral; $1.28B in XAUt-collateralized loans. Operated through Aurelion, in which Antalpha holds a 32.4% stake.
- Mining Equipment & Supply Chain Financing: Financing for BTC mining operators including equipment loans and supply chain lending; primary lending partner relationship with Bitmain via Antalpha Prime.
- Antalpha Prime Platform Services: B2B platform offering financing, technology, and risk management solutions to digital asset industry. Quote-based pricing (request a demo).
- AI Infrastructure Services (MCP/Nina): Antalpha MCP server currently offers a free developer tier with Growth and Enterprise tiers forthcoming; future revenue potential from paid API usage and enterprise contracts.
- Tokenized Gold Treasury (Aurelion): Antalpha holds 32.4% stake in Aurelion (lead investor, ~$43M investment), providing exposure to tokenized gold treasury management revenue streams.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Antalpha MCP Free Tier |
| Subscription | Monthly | Antalpha MCP Growth Tier |
| Subscription | Multi-year contract | Antalpha MCP Enterprise Tier |
| Other | Multi-year contract | Antalpha Prime Platform |
| Freemium | Pay-as-you-go | Nina Web3 AI Assistant |
Go-to-market motion5 records
Distribution channels5 records
Marketing channels7 records
Antalpha product offering
Product offeringCore offering
Antalpha provides institutional-grade financing for the digital-asset industry — primarily BTC mining equipment loans, supply chain credit, and collateralized lending against BTC, ETH, and tokenized gold (XAUt) — through its Antalpha Prime platform (loan book of $2.8B at Q4 2025). It also operates a non-custodial Web3 AI infrastructure stack comprising Nina (a consumer Web3 AI assistant on iOS/Android) and the Antalpha MCP Server (a public developer endpoint exposing 146+ AI tools across 18 skill packages and 50+ blockchains). In addition, Antalpha controls a 32.4% stake in Aurelion (NASDAQ: AURE), the first NASDAQ-listed Tether Gold treasury company.
Product overview
Antalpha (NASDAQ: ANTA) operates a platform-plus-modules architecture spanning two product lines that share the same Web3/digital-asset customer base. (1) The Antalpha AI platform comprises Nina, the cloud-native Web3 AI assistant, together with the Antalpha MCP Server — a developer-facing Model Context Protocol endpoint exposing 146+ Web3 AI tools across 18 skill packages that powers Nina and is directly accessible to MCP-compatible clients like Claude, Cursor, OpenAI, and Dify. (2) Antalpha Prime is the institutional BTC Ecosystem Services Platform providing mining/electricity financing, BTC/ETH/XAUt-collateralized lending, and a Shield risk-monitoring module. Beyond these software platforms, Antalpha also operates an institutional participation business: Aurelion (NASDAQ: AURE), the world's first NASDAQ-listed Tether Gold treasury company majority-owned by Antalpha, and the XAUE yield-bearing gold-token protocol in which Antalpha committed approximately $29M at launch. Underpinning all consumer-facing flows is the Antalpha Platform Technologies Limited legal entity headquartered in the British Virgin Islands, founded in 2022, IPO'd on NASDAQ in May 2025, with the company website at https://www.antalpha.com.
Differentiator
Problem solved
Functional benefit
Brands
- Antalpha Prime: BTC ecosystem services platform providing lending (mining-machine loans, electricity loans, pledged lending, XAUt pledged lending), risk-control monitoring, and technology solutions to digital asset institutions.
- Nina
- Antalpha MCP / Antalpha Skills
Products and services
- Nina (Web3 AI Assistant) Cloud-native conversational Web3 AI assistant that accepts natural-language intents and routes them through a five-stage pipeline (intent parser → global liquidity routing → real-time data mount → MEV-protected signature gate → native UI render) to query on-chain data, track whale/smart-money wallets, surface DeFi opportunities, draft cross-chain swaps, predict Polymarket outcomes, and audit token/wallet safety across 50+ chains. Available free on iOS and Android.
- Antalpha MCP Server Model Context Protocol (MCP) server at https://mcp-skills.ai.antalpha.com/mcp exposing 146+ Web3 AI tools across 18 skill packages via JSON-RPC over Streamable HTTP / SSE. Powers both the Nina consumer product and third-party MCP-compatible clients (Claude Desktop, Claude Code, Cursor, OpenAI, Codex, Gemini CLI, OpenCode, Dify, OpenClaw). Free for developers with fair-use rate limits; Growth and Enterprise tiers forthcoming.
- Antalpha Prime BTC Ecosystem Services Platform providing financing, technology, and risk management solutions for institutional participants in the bitcoin mining and digital asset industries. Includes Lending modules (mining/electricity financing, miner-collateralized loans, BTC/ETH collateralized loans, XAUt-collateralized loans — total supply $1.71B as of 2026-03-31) and Shield (real-time asset and lending risk monitoring aggregating DeFi/CeFi and cross-chain lending positions).
- Aurelion (NASDAQ:AURE) World's first pure-play NASDAQ Tether Gold (XAUt) treasury company, majority-owned by Antalpha (32.4% stake via $43M PIPE). Holds a Tether Gold-denominated treasury (~$134M acquired with initial proceeds) and participates in the XAUE yield protocol. Provides investors with direct, regulated exposure to tokenized gold on a public exchange.
- Antalpha Physical Gold – XAUt Exchange Service (Hong Kong) Direct exchange service between Tether Gold (XAUt) tokens and physical gold in Hong Kong, launched in partnership with Malca-Amit. Enables a Fiat–Digital Asset–Physical Gold closed-loop operation within Hong Kong's licensed framework.
Quantifiable outcome
- $20.7M Q1 2026 revenue, +52% YoY
- +6 more outcomes
Companies that use Antalpha
Customer profileNamed customers3 records
Segments8 records
Ideal customer profiles5 records
Antalpha technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration32 records
AI capability13 records
Feature8 records
Antalpha partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered flagship and core.
- BitmainflagshipPrimary lending partner on Antalpha Prime platform for BTC mining ecosystem financing. Bitmain is the world's largest Bitcoin mining hardware manufacturer, providing Antalpha with deep distribution into the institutional mining segment.
- Malca-AmitcorePartnership to launch a gold exchange service, leveraging Malca-Amit's precious metals logistics expertise with Antalpha's tokenized gold (XAUt) infrastructure.
- OSL GroupcorePartnership for a Digital Gold solution, combining OSL's licensed digital asset platform with Antalpha's XAUt tokenized gold infrastructure.
- DL HoldingscoreDL Holdings signed a $200M strategic partnership with Antalpha, expanding Web3 and AI infrastructure deployment across Asian markets.
- Aurise FoundationcoreAurelion and Antalpha jointly deposited XAUt (tokenized gold) with the Aurise Foundation, establishing a tokenized gold ecosystem.
- OpenAI / Anthropic ClaudecoreAntalpha MCP server integrates with OpenAI and Anthropic Claude (Desktop and Code) platforms, allowing AI agents to access Web3 tools and data.
- Google GeminicoreGoogle Gemini is integrated as one of the multi-LLM backends powering the Antalpha MCP and Nina Web3 AI Assistant.
- Moonshot AI (Kimi)coreMoonshot AI's Kimi model is integrated as one of the multi-LLM backends powering the Antalpha MCP and Nina Web3 AI Assistant.
- DeepSeekcoreDeepSeek is integrated as one of the multi-LLM backends powering the Antalpha MCP and Nina Web3 AI Assistant.
- CursorcoreCursor (AI code editor) integrates with the Antalpha MCP server, enabling developers to access Web3 tools directly within their IDE.
- BinancecoreBinance is integrated with the Antalpha MCP server for exchange data, trading, and on-chain analytics.
- OKXcoreOKX is integrated with the Antalpha MCP server for exchange data, trading, and on-chain analytics.
Scale indicators12 records
Recent moves9 records
Expansion highlights7 records
Antalpha competitors and assessment
Company assessmentDirect peers
- Bitfarms Ltd. NASDAQ-listed BTC miner operating across the Americas — comparable to Antalpha Prime's mining customer base and BTC ecosystem financing thesis.
- Riot Platforms: Large-cap NASDAQ BTC miner expanding into AI/HPC hosting — comparable to Antalpha in institutional BTC exposure, balance-sheet-led infrastructure model, and recent thematic pivot toward AI compute.
- Marathon Digital Holdings: NASDAQ-listed BTC miner and digital asset treasury manager with significant BTC holdings — comparable to Antalpha in institutional-scale BTC exposure and treasury-led growth strategy.
- Hut 8 Corp. NASDAQ-listed BTC miner that has pivoted into AI/HPC hosting and digital asset infrastructure — comparable to Antalpha in BTC ecosystem exposure, infrastructure-driven revenue model, and recent strategic pivot toward AI-adjacent services.
- Paxos Trust Company: US-regulated tokenization and digital asset infrastructure firm (PAX Gold, PayPal PYUSD) — directly comparable to Antalpha/Aurelion on tokenized gold infrastructure and institutional digital asset services.
- Core Scientific: NASDAQ-listed BTC miner and AI/HPC colocation provider emerging from Chapter 11 — directly comparable as a hybrid BTC-mining + AI-infrastructure operator with institutional-grade digital asset exposure.
- Alchemy Insights: Leading Web3 developer infrastructure platform powering the majority of decentralized applications — comparable to Antalpha MCP as a developer-facing, multi-chain, API-first Web3 platform with a freemium-to-enterprise monetization model.
- Galaxy Digital Holdings: Public digital asset financial services and asset management firm with institutional trading, lending, and mining investments — directly comparable to Antalpha across institutional crypto lending, BTC ecosystem exposure, and partnership-driven fintech strategy.
- BitDeer Technologies Group: NASDAQ-listed BTC mining and cloud-mining platform with significant ASIC and hosting operations — directly comparable to Antalpha Prime on mining ecosystem services and equipment-finance adjacency.
Broad incumbents
- Coinbase Global: Largest US-listed digital asset exchange and institutional platform with staking, custody, and Base developer infrastructure — broader incumbent comparable to Antalpha across institutional digital asset services and emerging AI/Web3 agent infrastructure.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Antalpha social profiles
Digital presenceAntalpha compliance and trust
Trust signalCompliance4 records
Antalpha financial estimates
Financial estimateRevenue estimate
Valuation estimate
Antalpha leadership team
Management profileNumber of profiles
Profiles3 records
Antalpha subsidiaries and ownership
Company hierarchySubsidiaries2 records
Antalpha funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Antalpha M&A and investment
M&A and investmentM&A
Investments34 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Antalpha
What does Antalpha do?
Antalpha provides institutional-grade financing for the digital-asset industry — primarily BTC mining equipment loans, supply chain credit, and collateralized lending against BTC, ETH, and tokenized gold (XAUt) — through its Antalpha Prime platform (loan book of $2.8B at Q4 2025). It also operates a non-custodial Web3 AI infrastructure stack comprising Nina (a consumer Web3 AI assistant on iOS/Android) and the Antalpha MCP Server (a public developer endpoint exposing 146+ AI tools across 18 skill packages and 50+ blockchains). In addition, Antalpha controls a 32.4% stake in Aurelion (NASDAQ: AURE), the first NASDAQ-listed Tether Gold treasury company.
Is Antalpha a public or private company?
Antalpha is a public company. It is classified as public and is currently operating.
When was Antalpha founded?
Antalpha was founded in 2021. It employs 101 to 250 people.
Where is Antalpha based?
Antalpha is headquartered in Singapore, Singapore, in the Asia region.
How does Antalpha make money?
Six revenue lines are on record. Digital Asset Lending & Financing is the primary driver. The others are XAUt Collateralized Lending, mining Equipment & Supply Chain Financing, antalpha Prime Platform Services, AI Infrastructure Services (MCP/Nina) and tokenized Gold Treasury (Aurelion).
Who are Antalpha's main competitors?
Direct peers on record are Bitfarms Ltd., Riot Platforms, Marathon Digital Holdings, Hut 8 Corp., Paxos Trust Company, Core Scientific, Alchemy Insights, Galaxy Digital Holdings and BitDeer Technologies Group. Coinbase Global is listed as a broad incumbent.
Does Antalpha have an API?
Yes. Antalpha offers a public Model Context Protocol (MCP) server at https://mcp-skills.ai.antalpha.com/mcp that exposes 146+ Web3 AI tools across 18 skill packages covering DEX swaps (0x, 1inch), smart-money tracking, Polymarket prediction markets, Hyperliquid perpetuals, CEX spot/futures trading on OKX and Binance, Bitcoin mining management (Nonce), macro indicators (FRED), on-chain/market analytics (Dune, Nansen, CoinGecko, CryptoQuant, Deribit, Glassnode), web search (Exa, Tavily), wallet security, airdrop discovery, and cross-chain token transfers. Transport is Streamable HTTP / SSE over JSON-RPC 2.0. Authentication uses an x-antalpha-agent-api-key HTTP header obtained by calling the antalpha-register tool once to receive an agent_id and one-time api_key. The server is currently free for developers with fair-use rate limits; paid Growth and Enterprise tiers are listed as "coming soon." Free, public, with API key authentication and SHA-256 hashed storage on the server side. Developer documentation is at www.antalpha.com/zh-tw/documentation.
What industry is Antalpha in?
Antalpha's product category is Digital Asset Lending & Web3 AI Infrastructure. Its primary akta.pro industry code is FSAPADAF, Prime Brokerage & Institutional Trading Services, with a secondary code of FSADAJAA, Prime Brokerage (Multi-Asset Crypto). Its NAICS code is 5231 and its SIC code is 6200.