Antalpha Eyes $100M Gain as It Shifts Part of $241M Tether Gold Position to Cobo

Antalpha, a fintech firm that accumulated $241 million of Tether Gold (XAUt), is now sitting on more than $100 million in unrealized profit after a strong gold rally. On-chain data indicates that $15 million in XAUt was recently moved to custody provider Cobo, suggesting the company may be preparing to actively manage or partially realize its gold exposure.