Core Insights - The upcoming pre-sale of GLDY, a gold-backed stablecoin, is set to begin on or before November 10, 2025, offering investors up to 4.0% annualized yield [2][3][6] Product & Market Rationale - GLDY combines audited physical gold custody with regulated tokenized securities infrastructure, generating yield through secure gold-leasing agreements while maintaining principal exposure to spot gold [4][6] - The product aims to address market needs by providing a yield-bearing gold investment option, enhancing portfolio construction, and meeting institutional compliance and custody standards [7][9] Investor Participation - The pre-sale is open to qualified investors, including ETFs and institutional investors, with a minimum investment requirement of $200,000 for individuals and $1,000,000 for institutions [6][8] - Streamex will lead the round with a minimum commitment of $5.0 million, indicating strong institutional support and alignment with its balance sheet strategy [6][8] Yield Generation - GLDY offers a yield of up to 4.0% annualized, paid in ounces of physical gold, through gold-leasing facilitated by Streamex's partnership with Monetary Metals [10][11] - The yield is automatically indexed back into the asset monthly, allowing for compounding in gold rather than fiat currency [10] Company Overview - Streamex Corp. is a vertically integrated commodity tokenization company focused on bringing real-world assets, particularly gold, onto blockchain through regulated and yield-bearing financial instruments [11]
Streamex Corp. (NASDAQ: STEX) Announces Pre-Sale of Up to $100,000,000 USD for GLDY, a Gold Backed Stablecoin Asset Offering Up to 4.0% Yield
Globenewswire·2025-10-06 12:00