DL Holdings partners with Antalpha in $200M deal to invest in XAUT, BTC mining

Hong Kong-listed DL Holdings has entered into a $200 million strategic partnership with Antalpha (ANTA), a Nasdaq-listed partner of Tether (USDT), Business Insider reported. Under the agreement, DL Holdings has made an initial purchase of $5 million in Tether Gold (XAUT). The company plans to buy an additional $100 million worth of XAUT within the next year and will invest another $100 million to expand its BTC mining operations.