Antalpha reported significant business growth in 2025, highlighted by its successful initial public offering (IPO) on the NASDAQ Global Market in May, raising $56.7 million. The company, focused on Bitcoin-related financial services, saw its revenue increase by 52% year-over-year to $51.67 million, with net profits soaring by 235% to $9.15 million. Adjusted EBITDA also rose by 280% to $14.75 million, reflecting improved operational efficiency. The company expanded its business scope, notably through the strategic acquisition of Prestige Wealth Inc., rebranded as Aurelion Inc., which became the first NASDAQ-listed company specializing in Tether Gold reserve assets. Antalpha's total value locked (TVL) reached $2.36 billion, a 60% increase, driven by growth in computing power loans and supply chain finance products. The company also launched the "RWA Hub" to integrate traditional assets with blockchain infrastructure, enhancing liquidity and scalability. Antalpha's international expansion efforts in 2025 focused on high-quality institutional clients, particularly in the Middle East and Southeast Asia, while enhancing its organizational capabilities to meet post-IPO governance requirements. Looking forward, Antalpha aims to deepen client relationships, upgrade platform technologies, and enhance investor relations management in 2026.