Hong Kong Firm Invests $200 Million in Tether Gold and Bitcoin Mining

Hong Kong-listed DL Holdings Group Limited and digital asset financial services provider Antalpha have announced a strategic partnership involving up to $200 million in investments across two distinct areas of the digital asset market. The initiative comprises a dual-track strategy focused on the tokenization of gold assets and the expansion of Bitcoin mining infrastructure, which the companies describe as an effort to connect traditional finance with the digital economy. Gold Tokenization Push: $100M Investment in XAU₮ As part of the new partnership, DL Holdings plans to acquire and distribute Tether Gold (XAU₮) — a tokenized gold asset issued by Tether and backed by physical gold stored in secure vaults. The Hong Kong-listed firm said it intends to invest up to $100 million in XAU₮ over the next twelve months, building on an initial $5 million investment made earlier this year source: https://beincrypto.com/dl-holdings-antalpha-btc-mining-gold-strategy/