This study developed genetic tools for the thermophilic fungus Thermoascus aurantiacus, including a transformation system, CRISPR/Cas9 gene editing, and sexual crossing protocol. The transformation system was used to overexpress a transcriptional regulator of xylanase, increasing xylanase activity by up to 500%. CRISPR/Cas9 was shown to successfully delete a target gene with 10-35% efficiency. A sexual crossing protocol allowed crossing and isolation of progeny within a week, enabling strain engineering in this industrially relevant fungus. These tools open new possibilities for engineering thermostable enzyme production in T. aurantiacus.