Gold Exchange Enters the Digital Age: Antalpha Launches Physical Gold - XAU₮ Exchange Service in Hong Kong
Antalpha Partners with Malca-Amit, an LBMA Full Member Custodian, to Establish an Asian Physical Exchange Network for Digital Gold (XAU₮) in Hong Kong
Antalpha與倫敦金銀市場協會（LBMA）認證的全權會員託管機構Malca-Amit合作，在香港建立亞洲實物黃金（XAU₮）交易網絡。
SINGAPORE, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Against a backdrop of intensifying global macroeconomic volatility and geopolitical uncertainty, gold has once again solidified its status as a core value anchor. Antalpha today announced a strategic partnership with Malca-Amit, a leading custodian certified by the London Bullion Market Association (LBMA), to launch a seamless exchange service between Tether Gold (XAU₮) and physical gold in Hong Kong.
新加坡，2025年12月9日（環球新聞社）——在全球宏觀經濟波動加劇和地緣政治不確定性上升的背景下，黃金再次鞏固了其核心價值錨的地位。Antalpha今日宣佈與領先的LBMA認證託管機構Malca-Amit達成戰略合作伙伴關係，推出在香港實現Tether Gold（XAU₮）與實物黃金之間無縫兌換的服務。
The circulating market capitalization of XAU₮ has surged from approximately $800 million to $2.2 billion in just five months since July, 2025. We believe this rapid growth marks the beginning of a significant paradigm shift: the transition of gold ownership from traditional physical storage to the digital age.
自2025年7月以來，僅僅五個月的時間，XAU₮的流通市值從約8億美元激增至22億美元。我們認爲，這一快速增長標誌着一個重要範式轉變的開始：黃金所有權正從傳統的實物存儲向數字時代轉移。
Top-Tier Security: Fortifying the Foundation with LBMA Standards
頂級安全標準：以LBMA規範爲基礎鞏固根基
To provide the highest level of security for the underlying physical assets of XAU₮, Antalpha has partnered with Malca-Amit, a global leader in high-end asset custody. To further strengthen risk management, the two parties are consulting with one another on the establishment of a gold reserve mechanism designed to support dynamic inventory replenishment, creating a dual security barrier.
爲確保XAU₮底層實物資產享有最高級別的安全保障，Antalpha與高端資產託管領域的全球領導者Malca-Amit達成合作。爲進一步加強風險管理，雙方正在就建立黃金儲備機制進行磋商，該機制旨在支持動態庫存補充，從而形成雙重安全屏障。
As a full member of the LBMA, Malca-Amit holds both ISO 9001 (Quality Management) and ISO 27001 (Information Security) certifications. Its facilities are authorized by the London Clearing House and possess LBMA-recognized qualifications for authoritative precious metals weighing and testing.
作爲LBMA的全權會員，Malca-Amit持有ISO 9001（質量管理）和ISO 27001（信息安全）認證。其設施獲倫敦清算所授權，並具備LBMA認可的權威貴金屬稱重與測試資質。
Antalpha's Gold Strategy: Constructing Cycle-Resilient Infrastructure
Antalpha的黃金戰略：構建週期韌性的基礎設施
The core asset driving this exchange revolution—Tether Gold (XAU₮)—is central to Antalpha's systematic gold strategy. Much like Bitcoin, gold is a key store of value across economic cycles due to its scarcity and historical resilience.
這場交易革命的核心資產——Tether Gold（XAU₮）——是Antalpha系統性黃金戰略的中心。與比特幣類似，黃金因其稀缺性和歷史韌性成爲跨越經濟週期的關鍵價值儲存手段。
Based on this consensus, Antalpha has continuously participated in the construction of the XAU₮ ecosystem in recent years. As an ecosystem partner of Tether Gold, Antalpha's core business includes enhancing the XAU₮ market-making network, aggregating cross-exchange liquidity, and providing innovative collateralized lending solutions. Antalpha's platform is dedicated to activating dormant gold assets and injecting sustained, deep liquidity into the market.
基於這一共識，Antalpha近年來持續參與XAU₮生態系統的建設。作爲Tether Gold的生態系統合作伙伴，Antalpha的核心業務包括增強XAU₮的做市商網絡、聚合跨交易所流動性以及提供創新的抵押貸款解決方案。Antalpha平台致力於激活沉睡的黃金資產，併爲市場注入持續且深度的流動性。
Currently, Antalpha is deploying physical vault nodes in major financial centers worldwide. By deeply linking custodians, trading platforms, and financial institutions, the company is building a "physical-digital" closed-loop ecosystem that integrates seamless asset exchange with trusted circulation.
目前，Antalpha正在全球主要金融中心部署實物金庫節點。通過深度連接託管機構、交易平台和金融機構，公司正在構建一個「實物-數字」閉環生態系統，該系統集無縫資產交換與可信流通於一體。
A Revolution in Efficiency: From Weeks to One Day
效率的革命：從數週到一天
Antalpha's clients can now complete a direct subscription to XAU₮ facilitated by the Antalpha platform. Upon completing KYC verification, Antalpha's clients can schedule physical exchanges immediately. Leveraging Malca-Amit's high-standard global vault network and professional logistics system, the settlement cycle has been drastically reduced to T+1 business days, allowing clients to retrieve physical gold at designated locations in Hong Kong.
Antalpha的客戶現在可以通過Antalpha平台完成對XAU₮的直接認購。在完成KYC驗證後，Antalpha的客戶可以立即安排實物交割。通過利用Malca-Amit高標準的全球金庫網絡和專業的物流系統，結算週期已大幅縮短至T+1個工作日，允許客戶在香港指定地點提取實物黃金。
"Traditional physical gold trading is often burdened by high premiums and structural pain points regarding storage security and lack of liquidity," said Paul Liang, CFO of Antalpha. "Our deep collaboration with top-tier 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."
「傳統的實物黃金交易常常受到高溢價以及存儲安全性和流動性不足等結構性痛點的困擾，」 Antalpha的首席財務官Paul Liang表示，「我們與LBMA體系內頂級合作伙伴的深入合作旨在創建一個結合數字資產高流動性和傳統黃金實物安全性的綜合解決方案。」
Starting December 12, subject to applicable regulatory requirements in the relevant jurisdictions, Antalpha will provide qualified institutional clients with XAU₮ bulk exchange services support (with a minimum of 2 kg), with comprehensive support for stablecoin settlement channels. Investors in Asia can take physical delivery directly in Hong Kong or opt for professional armored transport services for secure point-to-point delivery. Furthermore, the existing extensive global vault network lays the infrastructure foundation for expanding this exchange service footprint to global markets in the future.
自12月12日起，在符合相關司法管轄區適用的監管要求的前提下，Antalpha將爲合格的機構客戶提供XAU₮大宗兌換服務支持（最低2公斤），並全面支持穩定幣結算渠道。亞洲投資者可選擇在香港直接提取實物黃金，或使用專業的裝甲運輸服務實現安全的點對點交付。此外，現有的廣泛全球金庫網絡爲未來將此兌換服務擴展至全球市場奠定了基礎設施基礎。
This service involves VA and precious metals trading, which may be subject to market volatility, custody, and regulatory risks. Investors should consult a professional advisor.
本服務涉及虛擬資產和貴金屬交易，可能會受到市場波動、託管及監管風險的影響。投資者應諮詢專業顧問。
About Antalpha
關於Antalpha
Antalpha is a leading fintech company specializing in providing financing, technology, and risk management solutions to institutions in the digital asset industry. Antalpha offers Bitcoin supply chain and margin loans through the Antalpha Prime technology platform, which allows customers to originate and manage their digital assets loans, as well as monitor collateral positions with near real-time data.
Antalpha是一家領先的金融科技公司，專門爲數字資產行業的機構提供融資、技術和風險管理解決方案。Antalpha通過Antalpha Prime技術平台提供比特幣供應鏈和按金貸款，該平台允許客戶發起和管理其數字資產貸款，並使用接近實時的數據監控抵押品頭寸。
About Malca-Amit
關於Malca-Amit
Malca-Amit is a leading global provider of logistics, storage, and customs services for valuable goods (including gold) and is a core member of the LBMA. With its global network and highest security standards, it serves banks, financial institutions, mining companies, and jewelers worldwide.
Malca-Amit是貴重物品（包括黃金）物流、存儲和海關服務的全球領先提供商，也是LBMA的核心成員。憑藉其全球網絡和最高安全標準，服務於全球銀行、金融機構、礦業公司和珠寶商。
Safe Harbor Statement
安全港聲明
This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. Statements that are not historical facts, including statements about Antalpha' s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in Antalpha s filings with the SEC. All information provided in this press release is as of the date of this press release, and Antalpha does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
本新聞稿包含根據美國1995年《私人證券訴訟改革法案》「安全港」條款可能構成「前瞻性」陳述的聲明。這些前瞻性陳述可以通過諸如「將要」、「預計」、「預期」、「目標」、「未來」、「打算」、「計劃」、「相信」、「估計」、「有可能」及類似表述加以識別。非歷史事實的陳述，包括關於Antalpha的信念、計劃和預期的陳述均爲前瞻性陳述。前瞻性陳述涉及固有的風險和不確定性。有關這些及其他風險的更多信息，請參閱Antalpha向SEC提交的文件。本新聞稿中提供的所有信息均截至本新聞稿發佈之日，除非適用法律另有規定，Antalpha不承擔更新任何前瞻性陳述的義務。
Contacts
聯繫人
Investor Contact: ir@antalpha.com
投資者聯繫方式：ir@antalpha.com
譯文內容由第三人軟體翻譯。
