The antiprism triangulation provides a natural way to subdivide a simplicial complex $Δ$, similar to barycentric subdivision, which appeared independently in combinatorial algebraic topology and computer science. It can be defined as the simplicial complex of chains of multi-pointed faces of $Δ$, from a combinatorial point of view, and by successively applying the antiprism construction, or balanced stellar subdivisions, on the faces of $Δ$, from a geometric point of view. This paper studies enumerative invariants associated to this triangulation, such as the transformation of the $h$-vector of $Δ$ under antiprism triangulation, and algebraic properties of its Stanley--Reisner ring. Among other results, it is shown that the $h$-polynomial of the antiprism triangulation of a simplex is real-rooted and that the antiprism triangulation of $Δ$ has the almost strong Lefschetz property over ${\mathbb R}$ for every shellable complex $Δ$. Several related open problems are discussed.