Gold Exchange Enters the Digital Age: Antalpha Launches XAU₮ Physical Gold Exchange Service in Hong Kong

In the context of global macroeconomic turbulence and increasing geopolitical uncertainty, gold has once again established its position as a core value anchor. Antalpha today announced a strategic partnership with Malca Amit, a leading custodian and official member of the London Bullion Market Association (LBMA), to officially launch seamless exchange services for Tether Gold (XAU₮) digital gold and physical gold in Hong Kong. Within just five months since July 2025, the circulating market value of XAU₮ has skyrocketed from approximately $800 million to $2.2 billion. This rapid growth marks the beginning of a significant transformation: the mode of gold holding is shifting from traditional physical storage to the digital age.

Top-tier Security Endorsement: Strengthening the Foundation of Trustworthy Gold Physical Exchange Based on the LBMA System

Antalpha has partnered with Malca-Amit, a leader in the global high-end asset custody sector, to provide the highest level of security for the underlying physical assets of XAU₮. To further enhance risk control, Antalpha is in discussions with Malca-Amit to establish a gold reserve mechanism aimed at supporting dynamic replenishment of physical inventory and building a dual security barrier. As an official member of the LBMA, Malca-Amit not only holds dual certifications of ISO 9001 (Quality Management) and ISO 27001 (Information Security), but its facilities are also authorized by the London Clearing House, possessing LBMA-recognized authoritative weighing and testing qualifications for precious metals.

Antalpha's Gold Ambition: Building the Cornerstone of Digital Gold Across Cycles

The core asset of this exchange revolution—Tether Gold (XAU₮)—is backed by Antalpha's systematic gold strategy. Like Bitcoin, gold, with its scarcity and historical resilience, has proven its status as the ultimate value carrier across economic cycles.

Based on this value consensus, Antalpha has been actively participating in the construction of the XAU₮ ecosystem in recent years. As an ecological partner of Tether Gold, Antalpha's core business landscape includes enhancing the XAU₮ market maker network, cross-exchange liquidity aggregation, and innovative collateral lending solutions. The platform is dedicated to activating existing gold assets and injecting sustained and deep liquidity into the market.

Currently, Antalpha is collaborating with partners to deploy physical gold vault nodes in major global financial centers, building a 'physical-digital' gold closed-loop ecosystem that integrates seamless exchange and trustworthy circulation through deep links between custodians, trading platforms, and financial institutions.

Gold Exchange Revolution: Efficiency Leap from Weeks to 1 Day

Antalpha's institutional clients can now directly subscribe to XAU₮ through Antalpha, and after completing KYC certification, they can schedule physical gold exchanges. Relying on Malca-Amit's global high-standard vault network and professional logistics system, the entire process has been significantly reduced to T+1 working day, allowing clients to complete the extraction of physical gold at designated locations in Hong Kong.

"Traditional physical gold trading often comes with high premium costs and has long been constrained by structural pain points of storage security risks and liquidity shortages," said Antalpha CFO Paul Liang. "Our deep collaboration with top partners within the LBMA system aims to create a comprehensive solution that combines the high liquidity of digital assets with the physical security of traditional gold."

Starting from December 12, Antalpha will provide qualified institutional clients with support for bulk exchanges of physical gold (starting from 2 kilograms) for XAU₮, while fully supporting stablecoin payment settlement channels, in compliance with applicable regulatory requirements in various regions. Asian investors can directly extract gold in Hong Kong or choose professional armored transport services for secure point-to-point transportation of physical gold from the vault to designated locations. Additionally, Malca-Amit's extensive global vault network lays a solid infrastructure foundation for expanding redemption services to the global market in the future.

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This service involves VA and precious metal transactions, which may be affected by market fluctuations, custody, and regulatory risks. Investors should consult professional advisors.

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About Antalpha

Antalpha is a leading fintech company focused on providing financing, technology, and risk management solutions for institutional clients in the digital asset industry. Antalpha offers Bitcoin supply chain and margin loans through the Antalpha Prime technology platform. Through this platform, clients can initiate and manage their digital asset loans, as well as monitor collateral positions with near real-time data.

About Malca-Amit

Malca-Amit is a global leader in logistics, storage, and customs services for valuable items (including gold) and is also an official member of the LBMA. With its global network and highest security standards, it provides professional services to banks, financial institutions, mining companies, and jewelers worldwide.

Safe Harbor Statement

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Contact Information

Investor Contact: ir@antalpha.com