Summary
- Aurelion said it is launching a new asset-management strategy using tokenized gold as the world's first Nasdaq-listed company centered on Tether Gold (XAU₮).
- Aurelion said it will deposit 10,000 Tether Gold (about $48 million) into the new XAUE protocol to generate yield.
- The company said the XAUE protocol allows investors to retain price exposure to gold while earning additional yield through deposits.
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Aurelion, the first Nasdaq-listed company centered on Tether Gold (XAU₮), is launching a new asset-management strategy aimed at generating additional returns from tokenized gold.
Aurelion announced on April 24 that it will deposit 10,000 Tether Gold, worth about $48 million, into XAUE, a new protocol that generates yield on deposited tokenized gold.
The transaction will bring Aurelion's total Tether Gold holdings to 33,318 tokens. Of that total, 10,000 tokens will be deposited into XAUE to earn yield, while the remaining 23,318 tokens will be held undeployed. As of April 23, Tether Gold was priced at $4,719.15 per troy ounce.
The XAUE protocol was designed to overcome gold's traditional limitation as a store-of-value asset. Investors can retain exposure to the price of gold while generating additional yield through deposits.
Chief Executive Officer Björn Schmidtke said gold has long been a trusted asset but not a productive one. He described XAUE as an innovative tool that helps physical and tokenized gold generate yield without altering the nature of the underlying asset.
Gold will evolve beyond a simple reserve asset and become collateral that moves more efficiently across the broader financial system, Schmidtke said. As related infrastructure develops, the distinction between simply holding gold and putting it to work will gradually fade.
Doohyun Hwang
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