Tether Entities Report 8.2% Stake in Antalpha Platform Following IPO Allocation

Tether Global Investments Fund, S.I.C.A.F., S.A., Tether Investments, S.A. de C.V., and Giancarlo Devasini (collectively the Reporting Persons) have filed a Schedule 13D reporting an 8.2% ownership stake in Antalpha Platform Holding Company (ANTA). The Reporting Persons acquired 1,950,000 Class A Ordinary Shares as part of the Issuer's initial public offering on May 13, 2025, at the initial offering price. The acquisition was funded using cash from working capital. Giancarlo Devasini, who holds a greater than 50% voting interest in Tether Global Investments Fund, shares voting and dispositive power over the shares. The filing indicates that the Reporting Persons may acquire additional shares or sell existing holdings based on market conditions and the Issuer's performance. Notably, the filing discloses past regulatory settlements by Tether-affiliated entities with the CFTC and the New York Attorney General regarding past disclosures and business practices. This position represents a significant new strategic investment for Tether in the emerging technology sector.