Antalpha's Q1 revenue increased by 41% year-on-year, having purchased $20 million in XAUt to support its digital gold strategy.

2025-06-18 02:28:31

[Chain News] PANews, June 18 - Nasdaq-listed Bitcoin Mining ecosystem fintech platform Antalpha announced its unaudited financial performance report for the first quarter ending March 31, 2025, which disclosed:

To date, approximately $20 million worth of gold-backed tokens XAUt have been purchased to support the digital gold vault strategy and strategic hedging;
The total revenue for the first quarter of 2025 was $13.6 million, an increase of 41% year-on-year, with Bitcoin loan revenue reaching $3.5 million, a year-on-year increase of 286%;
If the price of Bitcoin remains at the level of 100,000 USD, the expected revenue in the second quarter will be between 16 million and 17 million USD, with a growth rate of 40% to 50%.

According to previous reports, Antalpha announced the allocation of 40 million USD in XAUt and the expansion of its multi-asset collateral lending business.

XAUT2,02%

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