Prestige Wealth Inc. Transitions to Aurelion with Major Tether Gold Acquisition
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Prestige Wealth Inc. has transitioned to Aurelion Inc. with a new NASDAQ ticker AURE, following a $134 million acquisition of Tether Gold and securing $150 million in financing. This move aims to integrate traditional finance with blockchain technology. Analysts rate PWM stock as a Hold with a $0.50 price target, while Spark's AI Analyst considers it Neutral due to financial challenges and a low overall stock score. The company focuses on wealth management and is establishing NASDAQ's first Tether Gold Treasury.
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