What Aurelion Asset Management Inc. does

Aurelion Asset Management Inc. (Nasdaq: AURE) is a Cayman Islands-incorporated, publicly traded gold treasury company that holds XAU₮ (Tether Gold) tokens as its primary reserve asset. Each XAU₮ token is backed 1:1 by one troy ounce of allocated physical LBMA gold held in Swiss institutional-grade vaults, providing Aurelion's shareholders with indirect exposure to physical gold through the accessibility of equity markets. As of March 31, 2026, the company reported NAV of $116.4 million, supported by 33,318 XAU₮ units, with 10,000 units (approximately $48 million) committed to the XAUE yield-bearing gold protocol on Ethereum. The company was rebranded from Prestige Wealth Inc. in October 2024, positioning itself as the first Nasdaq-listed Tether Gold treasury company.

The company's core product is the AURE equity itself, distributed entirely through Nasdaq brokerage infrastructure to institutional and retail investors without requiring crypto wallets or specialist infrastructure. Complementary products include a Treasury Dashboard providing real-time NAV and gold-ounce-per-share metrics, the XAUE protocol (a founding-partner ethereum-based yield-bearing gold primitive), and Duncan.Aure, a text-based AI agent launched in March 2026 for market education and standardized XAU₮ trading strategy interfaces. Operations are reported through Hong Kong-based investor relations contacts, with the company's principal place of business incorporated in the Cayman Islands. CEO Björn Schmidtke leads the firm, which has 1–10 employees.

Aurelion's business model is structurally different from a traditional asset manager: there is no consumer-facing product pricing, no fee schedule disclosed, and no recurring revenue stream. Value creation is driven by NAV growth through XAU₮ accumulation and fair value appreciation, supplemented by yield generated through XAUE participation. Q2 FY2026 operating income of $8.9 million was attributed to XAU₮ fair value appreciation rather than fee-based revenue. The company is subject to SEC reporting, PCAOB-registered audit oversight, and Nasdaq listing requirements, with on-chain proof of reserves providing a real-time transparency layer not available to traditional gold ETFs.

Name

Aurelion Asset Management Inc.

Legal name

Aurelion Inc.

Website

https://aurelion.com

Company type

Public

Founded year

2025

Operating status

Operating

Headcount range

1–10 employees

Short description

Aurelion (Nasdaq: AURE) is a Cayman Islands-incorporated, publicly traded gold treasury company that holds XAU₮ (Tether Gold) tokens backed 1:1 by physical LBMA gold, providing institutional and retail investors equity market access to tokenized gold reserves.

Ownership category

akta.pro rank

Product category

Tokenized Gold Treasury Services

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)

akta.pro primary industry

RWA Tokenization Platforms (asset onboarding, structuring, issuance) (FSAPAIAC)

akta.pro secondary industry

Tokenized Collateral & On-Chain Credit Infrastructure (Collateral Mgmt, Liquidations) (FSAGAMAK)

Keywords

• Tokenized gold treasury
• Digital asset management
• Blockchain gold custody
• Tokenized commodity investing
• Wealth advisory services

Headquarters

HQ city

George Town

HQ country

Cayman Islands

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Net Asset Value (NAV) Growth: Aurelion generates returns through appreciation of its XAU₮ holdings as the primary value driver. The company's NAV growth is the core performance metric, with equity capital markets serving as the primary vehicle for accumulation of tokenized gold reserves.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Aurelion is a Nasdaq-listed treasury company that builds a gold accumulation strategy around XAU₮ (Tether Gold), a blockchain-based token backed 1:1 by physical LBMA gold stored in Swiss vaults. Investors access this strategy through the AURE equity security traded on standard brokerage accounts, and the company participates in the XAUE yield-bearing protocol to generate returns on its gold reserves.

Product overview

Aurelion is a single unified product offering - NASDAQ's first Tether Gold (XAU₮) treasury company that combines the stability of physical gold with the efficiency of blockchain. The core product is the AURE equity security that provides traditional market access to tokenized gold reserves. The portfolio includes XAU₮ (Tether Gold) as the primary treasury asset, XAUE as a yield-bearing protocol (built on Ethereum) enabling gold holdings to generate returns, Duncan.Aure as an AI agent for market education and automated trading interfaces, and a Treasury Dashboard for live NAV tracking. The company also continues wealth management and asset management services alongside its tokenized gold business.

Differentiator

Problem solved

Functional benefit

Brands

• XAUE: A yield-bearing gold protocol built on Ethereum. Aurelion is a founding partner of XAUE, which enables physical gold holdings to generate a return measured in gold while maintaining full exposure to the underlying asset.

Products and services

• Aurelion (AURE) Equity
• XAU₮ (Tether Gold) Treasury Reserve
• XAUE Yield-Bearing Gold Protocol
• Duncan.Aure AI Agent

Quantifiable outcome

• NAV growth as core performance metric driving shareholder value
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• XAUE ProtocolcoreStrategic or Co-development Partner · 24 April 2026Aurelion is a founding partner of XAUE, a yield-bearing gold protocol built on Ethereum. The company committed 10,000 XAU₮ (approximately $48 million) to XAUE at launch, enabling tokenized gold to generate returns while maintaining exposure to the underlying asset. XAUE allows holders to redeem XAU₮ at their discretion while earning yield measured in gold.
• Tether Gold (XAU₮)coreTechnology or IntegrationXAU₮ is the world's most liquid tokenized gold and serves as Aurelion's primary treasury reserve asset. Each token is backed 1:1 by physical LBMA gold stored in Swiss vaults. The blockchain-based token provides 24/7 tradability, instant settlement, and full transparency of holdings.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Coinbase Global (COIN): Coinbase is the largest US-regulated crypto exchange and custody provider, including custody services for tokenized gold assets like XAU₮ and PAXG. As tokenized gold custody and trading infrastructure matures, Coinbase is both a potential partner and competitive benchmark for Aurelion.
• WisdomTree Physical Gold (PHAU): WisdomTree's physical gold ETCs and ETFs represent another established, regulated path to gold exposure. They are comparables in the gold-allocation universe that Aurelion must outperform or differentiate against to gain market share.
• SPDR Gold Shares (GLD): GLD is the largest physically backed gold ETF and the incumbent vehicle for institutional and retail gold exposure. Aurelion positions itself as a transparent, on-chain alternative to GLD, targeting allocators who want similar exposure with blockchain-verifiable reserves.
• iShares Gold Trust (IAU): iShares Gold Trust is a low-fee physically backed gold ETF competing for the same institutional and retail gold allocation budgets. Aurelion competes for these flows by offering on-chain transparency rather than the traditional ETF wrapper.
• abrdn Physical Gold Shares ETF (SGOL): SGOL is a low-fee physically backed gold ETF with London Good Delivery vault storage, directly comparable to Aurelion's LBMA-backed approach. SGOL targets similar institutional and retail allocators.

Direct peers

• MicroStrategy (MSTR): MicroStrategy pioneered the publicly traded digital-asset treasury company model with Bitcoin. Aurelion explicitly applies the same treasury playbook to tokenized gold, making MSTR the closest structural analog and benchmark for valuation.
• Marathon Digital / Other BTC Treasury Peers: Marathon Holdings and similar BTC treasury companies follow the publicly traded digital-asset treasury model that Aurelion adapts for tokenized gold. They share structural traits: equity-funded asset accumulation, single-asset treasury exposure, and dependence on the underlying tokenized asset's issuer infrastructure.
• Tether (issuer of XAU₮): Tether operates XAU₮, the tokenized gold product that forms Aurelion's entire treasury asset. Both companies operate in the tokenized gold space and share direct infrastructure dependency, with Tether as the issuer and Aurelion as a major institutional accumulator.
• Paxos Gold (PAXG): Paxos Gold is a regulated, 1:1 physical gold-backed token that competes directly with XAU₮ in the tokenized gold market. Both serve as on-chain gold settlement layers that treasury vehicles could hold, making PAXG a primary alternative reserve asset for Aurelion-style strategies.
• Galaxy Digital (GLXY): Galaxy Digital is a publicly traded digital-asset and crypto financial services firm offering asset management, trading, and treasury strategies. Aurelion's wealth management, asset management advisory, and digital gold treasury focus overlap with Galaxy's digital-asset management business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/aurelionglobal
• LinkedInlinkedin.com/company/aurelion-global

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aurelion Asset Management Inc.