DL Holdings GP (01709) has signed a strategic cooperation agreement with the Nasdaq-listed financial technology company Antalpha to jointly promote business growth and market expansion in the digital asset field.

DL HOLDINGS GP (01709) announced on October 16, 2025, that it has entered into a non-binding strategic cooperation agreement with Antalpha Platform Holding Company (Antalpha). Both parties recognize the combination of Antalpha's institutional capabilities in the digital asset field and the Group's deep experience in traditional finance and regulatory fundamentals, which will enable the development of innovative financial solutions and unlock significant market potential in the digital asset ecosystem. Therefore, the company and Antalpha will establish a comprehensive strategic cooperation framework to leverage their respective competitive advantages and jointly promote business growth and market expansion in the digital asset field. Pending further negotiations and agreement between the company and Antalpha, and subject to all applicable laws and regulations, the company and Antalpha have agreed to establish a strategic cooperation framework focusing on multiple core areas to fully leverage their strengths in traditional finance, blockchain technology, and digital assets. The main contents of this strategic cooperation framework include: 1. Bitcoin Mining Strategic Alliance: The strategic cooperation aims to support the Group in achieving its strategic goal of becoming a leading publicly listed company in Asia with Bitcoin mining power. 2. Tether Gold (XAU) Ecosystem Development: The parties will collaborate to strengthen and expand the global ecosystem of Tether Gold (XAU), aiming to create a comprehensive infrastructure connecting the traditional precious metals market with innovative digital asset solutions. Antalpha (a company listed on the NASDAQ Stock Market) (NASDAQ: ANTA) is a leading financial technology company focused on providing financing, technology, and risk management solutions to institutional clients in the digital asset industry. Antalpha offers Bitcoin supply chain and margin loans through the Antalpha Prime technology platform, allowing customers to initiate and manage their digital asset loans and monitor collateral holdings in near real-time. In line with the Group's strategic cooperation with Antalpha, on October 16, 2025, through its wholly-owned subsidiary DL HODL Limited, the Group entered into a purchase agreement with a subsidiary of Antalpha to purchase approximately $5 million worth of XAU. The investment in XAU demonstrates the Group's strategic confidence in gold as a long-term store of value and as a foundational RWA suitable for tokenization and financial innovation. Through holding XAU, the Group aims to: (i) diversify risks faced by intrinsic stable digital assets on the balance sheet; (ii) expand participation in the growing tokenized gold ecosystem; and (iii) gain practical operational and technical experience in integrating gold-backed tokens into structured finance and wealth management products. The strategic cooperation marks an important milestone in the integration of traditional finance and the digital asset ecosystem. The Board believes that the strategic cooperation with Antalpha aligns with the Group's vision of integrating traditional financial expertise with cutting-edge digital asset innovation. This collaboration is expected to drive sustainable development, enhance the Group's competitive advantage in the digital asset and RWA fields, and create value for shareholders through expanding business opportunities. Additionally, this cooperation aligns with the global trend of asset tokenization and supports the government of the Hong Kong Special Administrative Region in its vision to become a leading regulated digital financial center. Through strategic cooperation with Antalpha, the Group can more efficiently allocate its financial and operational resources to further expand its acquisition and scale of Bitcoin mining power. Leveraging Antalpha's advantages in financing, professional infrastructure, and technical support, the Group will be able to optimize the operation of its mining business, including hardware selection, site hosting, energy management, and real-time software, thus enhancing operational efficiency and competitiveness in the Bitcoin mining business. Antalpha's continued support will enable the Group to maximize mining performance, reduce downtime, and drive long-term accumulation of digital assets as one of the Group's core businesses.