DL Holdings has entered into a strategic partnership with Antalpha, planning to acquire and distribute $100 million worth of XAUT, and to invest another $100 million in Bitcoin mining machines.

On October 17th, as reported by businessinsider, DL Holdings Group Limited (HKEX: 1709) announced a comprehensive strategic partnership with Antalpha today, with a total value of up to 200 million US dollars. This cooperation encompasses tokenized gold assets and Bitcoin mining infrastructure. In the gold asset sector, First Holdings has made an initial investment of $5 million in Tether Gold (XAUT) and plans to further acquire and distribute up to $100 million worth of XAUT within the next twelve months. Regarding hash power infrastructure, the group has planned an additional $100 million investment in Bitcoin mining machine procurement. It has currently completed the purchase of thousands of high-performance mining machines and established a strategic alliance with Antalpha. This cooperation will enhance First Holdings' upstream layout in the hash power field and assist it in becoming a leading publicly listed Bitcoin mining enterprise in Asia.