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Hong Kong listed company DL Holdings has reached a strategic cooperation of 200 million USD with Antalpha, involving tokenization of gold and Bitcoin mining infrastructure.
According to Deep Tide TechFlow news on October 17, as reported by Business Insider, DL Holdings Group Limited (Hong Kong Stock Exchange: 1709) announced a strategic cooperation with digital asset financial service provider Antalpha worth up to $200 million.
The cooperation covers two core areas: tokenized gold assets and Bitcoin mining infrastructure. In terms of gold assets, DL Holdings has completed an initial investment of 5 million USD in Tether Gold (XAU₮) and plans to further acquire and distribute 100 million USD worth of XAU₮ over the next 12 months. In terms of computing power infrastructure, the company plans to invest 100 million USD for Bitcoin mining expansion, has procured thousands of high-performance mining machines, and has established a strategic alliance with Antalpha.