Delin Holdings and Antalpha have reached a cooperation agreement to invest $100 million each in the acquisition/distribution of XAUT and the purchase of Bitcoin mining machines.

PANews reported on October 17th that, according to Business Insider, Delin Holdings (01709.HK) announced a comprehensive strategic partnership with fintech company Antalpha. The partnership, valued at up to $200 million, covers two key areas: tokenized gold assets and Bitcoin mining infrastructure, establishing a dual-track strategy connecting traditional and digital finance. Regarding gold assets, Delin Holdings is implementing an initial $5 million investment in Tether Gold (XAUT) and plans to purchase and distribute up to $100 million worth of XAUT over the next 12 months. Regarding computing power infrastructure, it plans to invest an additional $100 million in Bitcoin mining, having already purchased thousands of high-performance mining machines and formed a strategic alliance with Antalpha.