
Tether-Backed Antalpha Loses $22M on Gold Bet as Loan TVL Plunges $696M
TL;DR: The total value locked (TVL) of Antalpha’s facilitated loan book dropped by $696 million in the second quarter of 2026, settling at $1.353 billion. Aurelion,

TL;DR: The total value locked (TVL) of Antalpha’s facilitated loan book dropped by $696 million in the second quarter of 2026, settling at $1.353 billion. Aurelion,

Tether, the issuer of the USDT stablecoin, acquired an 8.2% strategic stake in Antalpha, now making it one of the largest shareholders in the mining finance

TL;DR: Antalpha has accumulated unrealized gains exceeding $100 million following tokenized gold’s surge to $5,600. A $15 million transfer in XAUt to the institutional platform Cobo
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