The Hong Kong investment group DL Holdings Group Limited has entered into a significant partnership with Antalpha, an international provider of financial services in the digital asset space. Both companies plan to invest up to $200 million in the development of tokenized gold and the creation of modern infrastructure for Bitcoin mining.
This is reported by Finway
Tokenized Gold Development Strategy
As part of the partnership, DL Holdings has already begun investing $5 million in the digital asset Tether Gold (XAUT) and plans to acquire and distribute up to 100 million XAUT within a year. Each XAUT token is backed by physical gold stored in London vaults. DL Holdings aims to make gold investments accessible on the blockchain for both institutional and private investors by offering brokerage accounts and structured financial products.
In this partnership, Antalpha will be responsible for providing liquidity, custodial services, and lending against XAUT collateral through its RWA Hub platform. Additionally, the company will establish physical vaults in key financial centers around the world, simplifying the gold redemption process for clients.
“We are simultaneously developing both a store of value and the infrastructure of the digital financial world. By tokenizing physical gold, we are rethinking the way value is stored and circulated,” said Andy Chen, Chairman of DL Holdings and NeuralFin.
DL Holdings aims to become the leading partner of Tether Gold in the Asia-Pacific region. In collaboration with Antalpha, the company will develop high-yield products, collateralized lending, and structured financial solutions for high-net-worth clients.
Investments in Bitcoin Mining and Technological Partnership
Alongside its investment in gold, DL Holdings is allocating an additional $100 million to build mining infrastructure. The company has already purchased thousands of powerful mining devices and plans to acquire around 3,000 new Antminer S21 units from Bitmain. Currently, the installed capacity yields an annual output of approximately 350 BTC, with a medium-term goal of increasing production to 1,500 BTC per year.
Antalpha will serve as a strategic partner, providing financing, technological support, and risk management solutions. This will create efficient and transparent channels for accessing Bitcoin for both private and institutional investors.
According to a statement, Antalpha is a key financial partner of Bitmain—the world’s largest manufacturer of mining equipment, which controls about 75% of the global market. The partnership between DL Holdings, Antalpha, and Bitmain forms what is known as the “golden triad,” combining technology, financing, and operational expertise to develop a leading player in the Asian Bitcoin mining market.
Influenced by inflationary and geopolitical factors, the price of gold has risen by over 60% since the beginning of the year, and the tokenized gold market has surpassed $3 billion in capitalization. This has made it the largest segment of the real-world asset (RWA) tokenized asset market.
As part of the integration of traditional and digital finance, DL Holdings already has experience in tokenizing shares in companies such as ByteDance, Kraken, as well as real estate projects like DL Tower (Hong Kong) and ONE Carmel (USA). Group representatives emphasize that these initiatives align with Hong Kong’s strategy to establish a global digital finance hub and strengthen DL Holdings’ position as a leader in the convergence of traditional and blockchain assets.