#antalpha

➤ Tether has acquired an 8.2% stake in Antalpha, a bitcoin mining finance firm, making it one of the largest shareholders post-IPO. ➤ Antalpha, which provides bitcoin-backed loans and equipment financing, raised approximately $49.3 million in its 2025 IPO. ➤ This investment is part of Tether's broader strategy to expand its reach beyond stablecoin issuance into various crypto-linked businesses and infrastructure.

➤ Antalpha's stock remained quiet ahead of Q1 results, with revenue showing resilience but facing uncertainty due to unrealized gains on gold-linked tokens and a cautious Q2 revenue outlook. ➤ The company is diversifying its business beyond crypto-backed lending by incorporating tokenized gold and AI infrastructure, aiming to provide clients with advanced digital asset management tools. ➤ Despite a mixed performance in the digital asset finance sector and potential risks related to gold token gains and loan book shrinkage, Antalpha is positioning itself for future growth through AI integration.

➤ Antalpha reported a 52% year-over-year revenue increase to $20.7 million for Q1 2026, driven by strong performance in its tokenized gold and lending businesses. ➤ The company highlighted the successful integration of its tokenized gold strategy, which captured gains from rising gold prices, and its lending portfolio, which maintained zero principal loss. ➤ Antalpha is also advancing its Web3 AI agent initiative and expects continued revenue growth in Q2 2026, despite a challenging market environment.

➤ Antalpha reported Q1 revenue growth of 52% YoY, reaching $20.7 million, but missed analyst expectations for earnings per share. ➤ The company issued weak Q2 revenue guidance ($11M-$13M) significantly below consensus, despite a 435% YoY increase in Adjusted EBITDA driven partly by unrealized gains from tokenized gold (XAUt). ➤ Antalpha launched a beta version of its Web3 AI agent and saw a 3% YoY decrease in facilitated loan value, reflecting a weaker Bitcoin price environment.

➤ Antalpha has transferred $3.1 million worth of XAUT (Tether Gold) to the Bybit exchange, as indicated by on-chain data. ➤ This large deposit is often interpreted as a potential precursor to selling, which could exert downward pressure on XAUT's price. ➤ The event highlights the transparency of blockchain data in signaling potential market movements for tokenized assets.

➤ LUNA experienced a short-term dip but showed resilience over longer periods, while the broader market saw tech firms pivoting towards AI and tokenized gold. ➤ Developments in traditional sectors like mining and tech, including Nano Labs' AI focus and Antalpha's tokenized gold strategy, are creating a complex backdrop for digital assets. ➤ Analysts suggest that the integration of crypto strategies by non-crypto firms might eventually stabilize valuations, but LUNA remains sensitive to external market shocks.

➤ Antalpha is committing $29 million in tokenized gold (XAU₮) to the new XAUE protocol. ➤ The XAUE protocol enables holders of tokenized gold to generate yield while retaining exposure to the underlying asset. ➤ This move aims to enhance liquidity and capital management for institutional investors by generating yield on gold.

➤ Antalpha is committing $29 million in tokenized gold (XAU®) to a new yield protocol called XAUE. ➤ XAUE aims to generate yield on tokenized gold, allowing it to function more actively in financial systems beyond its traditional role as a store of value. ➤ The move reflects Antalpha's strategy to seek additional liquidity through yield generation on gold while maintaining institutional-grade custody standards and risk controls.