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Aurelion allocates $48M in tokenized gold to newly launched yield protocol

Cointelegraph
Aurelion has deployed $48 million of its Tether Gold holdings into the XAUE protocol to generate yield on tokenized assets.

Summary

Nasdaq-listed Aurelion has allocated 10,000 units of Tether Gold, valued at approximately $48 million, to the newly launched XAUE DeFi protocol. Developed by the Aurise Foundation, XAUE serves as a treasury layer that enables tokenized gold to earn yields through institutional lending and quantitative trading while maintaining underlying asset exposure. The protocol operates on Ethereum with a fixed-supply model, where yields are reflected in increased gold backing per token rather than separate distributions. Access remains restricted to verified institutional participants.

(Source:Cointelegraph)