Hong Kong-listed company DL Holdings has reached a strategic cooperation with Antalpha worth 200 million USD, involving tokenized gold and Bitcoin mining infrastructure

ChainCatcher news, according to businessinsider, DL Holdings Group Limited (HKEX: 1709) today announced a comprehensive strategic cooperation with Antalpha. This collaboration, valued at up to $200 million, covers tokenized gold assets and Bitcoin mining infrastructure.

In the field of gold assets, First Holdings has initiated a $5 million initial investment in Tether Gold (XAUT) and plans to further acquire and distribute up to $100 million worth of XAUT over the next twelve months. In terms of computing power infrastructure, the group has planned an additional $100 million for the procurement of Bitcoin mining machines, having already completed the purchase of thousands of high-performance mining machines and established a strategic alliance with Antalpha. This cooperation will strengthen First Holdings' upstream layout in the computing power sector, helping it become a leading listed Bitcoin mining company in Asia.