OSL Group, Asia's leading stablecoin trading platform, has partnered with Antalpha to develop digital gold investment products for institutional and retail investors.

The Hong Kong-based collaboration, announced December 18, combines OSL's regulatory infrastructure with Antalpha's fintech capabilities to create compliant solutions spanning market access to asset management.

First Milestone: XAUT Listing

OSL has listed Tether Gold (XAUT) on its exchanges, offering XAUT/USDT and XAUT/USD trading pairs to professional investors in Hong Kong through OTC services.

The listing enables institutional investors to execute fiat-to-crypto-to-gold transactions within Hong Kong's licensed framework for the first time.

XAUT, the largest gold-backed stablecoin with approximately $1.64 billion in circulation at time of writing, maintains 1:1 backing by LBMA standard gold bars verified through quarterly audits. The token allows fractional investment down to six decimal places of a troy ounce.

Why it Matters

"This partnership with Antalpha is crucial to OSL's strategy to expand our stablecoin payment and RWA ecosystem, as well as to enhance our digital asset wealth management capabilities," said Eugene Cheung, Chief Commercial Officer of OSL Group. 

"We are not merely listing a token; we are introducing a premium asset that combines payment utility with a store of value."

Antalpha launched physical XAUT-to-gold bar redemption services for institutional clients in early December. 

"OSL's strong compliance backing and institutional-grade services provide the ideal foundation for XAUT to settle in Hong Kong and for the long-term expansion of broader use cases," said George Chow, Managing Director of Antalpha.

Going forward, the two partners plan to develop collateralized lending products backed by XAUT and structured digital asset investment vehicles, expanding use cases for tokenized gold beyond simple holdings.

Sources

• OSL: OSL Group Partners with Antalpha to Advance Gold Stablecoin and RWA Ecosystem

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