WINTER PARK, Fla., Feb. 04, 2026 (GLOBE NEWSWIRE) -- Streamex Corp. (“Streamex” or the “Company”) (NASDAQ: STEX), a leader in institutional-grade tokenization and digital asset infrastructure, today announced the appointment of Anthony Marciano, Clinical Professor of Finance at NYU Stern School of Business, to its Board of Directors. In this role, Marciano will bring deep expertise in corporate finance, mergers and acquisitions, and financial markets to strengthen Streamex's governance and strategic capital ...

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Core Viewpoint - Streamex Corp. has announced the delivery of an optional prepayment notice for its Secured Convertible Debentures and the cancellation of its Standby Equity Purchase Agreement with Yorkville, aiming for a cleaner balance sheet as it prepares for significant growth in the upcoming year [1][5]. Group 1: Prepayment Notice for Secured Convertible Debentures - The company has outstanding Secured Convertible Debentures totaling $50 million, with an intention to prepay the entire principal amount plus a 10% prepayment premium [2]. - Following the prepayment notice, the holder has ten trading days to convert the debentures, with the company required to make the prepayment on the eleventh trading day [2]. Group 2: Cancellation of Standby Equity Purchase Agreement - The company has terminated the Standby Equity Purchase Agreement with Yorkville, which allowed for the issuance and sale of up to $1 billion of common stock over a 36-month period [3][4]. - The company has not utilized the SEPA and has full control over the timing and amount of any potential sales of common stock [3]. Group 3: Company Overview and Future Outlook - Streamex Corp. focuses on the tokenization and digitalization of real-world assets, providing institutional-grade solutions that bridge traditional finance and blockchain markets [5]. - The CEO expressed optimism about the company's position for sustained growth, particularly with the upcoming GLDY launch and a recently completed equity raise [5].

Core Viewpoint - Streamex Corp. intends to offer shares of common stock through an underwritten public offering, with proceeds aimed at repaying prior indebtedness and for working capital [1] Company Overview - Streamex Corp. (NASDAQ: STEX) specializes in the tokenization and digitalization of real-world assets, providing institutional-grade solutions that integrate traditional commodities and assets into blockchain [6] Offering Details - The offering is being conducted under a shelf registration statement on Form S-3, effective since December 17, 2024, with a preliminary prospectus supplement to be filed with the SEC [3] - Needham & Company and Siebert are acting as joint book-running managers for the offering [2] Use of Proceeds - The net proceeds from the offering will be utilized to repay prior indebtedness and for general corporate purposes [1]

Core Viewpoint - FG Nexus Inc. is actively engaging in share buyback programs and managing its ETH holdings to enhance shareholder value and strengthen its digital asset treasury strategy [1][4]. Share Buyback Program - As of January 20, 2026, the company has repurchased approximately 9.9 million shares of common stock at an average price of $3.24 per share and about 53 thousand shares of preferred stock at an average price of $24.16 per share [2]. - The company has repurchased over 23% of its outstanding common shares at a substantial discount to net asset value, demonstrating a strategic approach to capital management [4]. ETH Holdings and Financial Position - The company holds 37,594 ETH as of January 20, 2026, with total debt outstanding at $1.9 million [3]. - The outstanding shares of common stock are 33.6 million, and preferred stock is 0.8 million, with a net asset value per share of approximately $3.58 [3]. Strategic Focus - FG Nexus is focused on building a digital asset treasury and a platform for the tokenization of real-world assets, aiming to enhance yield through staking ETH and implementing additional yield strategies [5].

Core Insights - FG Nexus Inc. has repurchased approximately 7.0 million shares of its common stock at an average price of $3.17 per share from October 23, 2025, to December 17, 2025, representing over 16% of its outstanding shares at a substantial discount to net asset value [1][3] - As of December 17, 2025, the company holds 40,088 ETH and cash and USDC holdings of approximately $25.2 million, with total debt outstanding at $11.9 million and a net asset value per share of approximately $3.53 [2][3] - The company aims to enhance its treasury yield by staking its ETH and implementing additional yield strategies while positioning itself as a strategic gateway into digital-asset-powered finance [4] Stock Buyback Program - The stock buyback program has successfully repurchased 7.0 million shares, which is over 16% of the outstanding shares, at an average price of $3.17 per share [1][3] - The company plans to continue buying back shares below net asset value while maintaining a strong ETH and cash balance [3] Financial Position - As of December 17, 2025, FG Nexus holds 40,088 ETH and approximately $25.2 million in cash and USDC [2] - The total debt outstanding is reported at $11.9 million, with outstanding shares of common stock totaling 36.5 million [2] - The net asset value per share is approximately $3.53, indicating a potential opportunity for investors [2] Strategic Focus - FG Nexus is focused on building a digital asset treasury and a platform for the tokenization of real-world assets [4] - The company plans to stake its ETH and implement additional yield strategies to enhance treasury yield [4]

Core Insights - FG Nexus Inc. has appointed Scott D. Wollney as Lead Independent Director of its Board of Directors, bringing over 30 years of experience in the financial services industry [1][2][3] - The company is focused on building a digital asset treasury and a platform for the tokenization of real-world assets, with plans to stake its ETH and implement additional yield strategies [3] Company Leadership - Scott D. Wollney has been a director of FG Nexus for the past 10 years and currently chairs the Audit Committee while being a member of the Compensation & Management Resources Committee [1] - Kyle Cerminara, Chairman & CEO of FG Nexus, emphasized that Wollney's extensive experience and understanding of the business make him well-suited for the role [3] Strategic Focus - FG Nexus aims to enhance the yield on its treasury by staking ETH and positioning itself as a strategic gateway into digital-asset-powered finance, including tokenized real-world assets and stablecoin-based yield solutions [3]

Core Insights - Intercont (Cayman) Limited has entered into a Memorandum of Understanding to acquire a minority stake in Starks Network, aiming to co-develop the zCloak Network, which integrates maritime services with blockchain technology [1][8]. Company Overview - Intercont (Cayman) Limited is a global carbon-neutral shipping company focused on innovative and environmentally friendly transportation solutions [11]. - Starks Network is a Singapore-based Web3 technology service provider with strong competitive advantages in the global Web3 ecosystem, particularly through its Project zCloak Network [2]. Project zCloak Network - zCloak Network offers proprietary frameworks and compliance-forward infrastructure, including AI identity solutions, self-custodial wallets, stablecoin payment systems, and AI-powered crypto payment technologies [2]. - The project has received grants from Hong Kong Cyberport incubation programs and investments from top-tier venture capital firms, indicating robust investor support [2]. Market Trends - The global adoption of stablecoin-based payment systems has rapidly accelerated, with transaction volumes surpassing the combined annual processing volume of Visa and Mastercard in 2024 [5]. - McKinsey projects that the growth rate of stablecoin transactions could exceed that of legacy payment volumes within a decade, highlighting strong demand for secure and compliant wallet solutions [6]. Financial Landscape - BlackRock reported $13.46 trillion in assets under management in Q3 2025, reflecting early participation from major financial institutions in the digital asset market [7]. - The digital asset market capitalization surged from $5 billion in 2022 to over $25.5 billion by July 2025, representing a growth of approximately 410% [7]. Strategic Implications - NCT's acquisition of zCloak is a strategic move to expand into the digitization of real-world assets and reinforce its leadership in global shipping services [8]. - The partnership aims to accelerate enterprise adoption of Web3 technologies, with potential revenue generation in the range of $30–40 million annually from privacy-preserving identity and compliance verification solutions [10].

Core Viewpoint - Intercont (Cayman) Limited has entered into a Memorandum of Understanding to acquire a minority stake in Starks Network Ltd, aiming to co-develop the zCloak Network, which integrates maritime services with blockchain technology [1][6]. Company Overview - Intercont (Cayman) Limited is a global carbon-neutral shipping company focused on innovative and environmentally friendly transportation solutions [9]. - Starks Network, based in Singapore, is a leading Web3 technology service provider with strong competitive advantages in the global Web3 ecosystem [2]. Project zCloak Network - zCloak Network is recognized for its proprietary frameworks and compliance-forward infrastructure, which includes AI identity, self-custodial wallets, and stablecoin payment systems [2]. - The project has received support from the Hong Kong Cyberport incubation programs and investments from top-tier venture capital firms, indicating robust investor confidence [2]. Market Trends - The global adoption of stablecoin-based payment systems has rapidly accelerated, with transaction volumes surpassing those of Visa and Mastercard in 2024, marking a significant shift in financial infrastructure [5]. - The digital asset market capitalization has increased from $5 billion in 2022 to over $25.5 billion by July 2025, reflecting a growth of approximately 410% [5]. Strategic Implications - The acquisition of zCloak is a strategic move for NCT to expand into the digitization of real-world assets and enhance its leadership in global shipping services [6]. - NCT plans to leverage zCloak's infrastructure to develop standardized and compliant on-chain asset solutions, targeting high-value verticals in the market [8]. Leadership Perspective - The partnership between NCT and Starks Network is described as a convergence of tradition and innovation, aiming to re-imagine themes of contract and wealth through Web3 technology [7]. - NCT's CEO highlighted the potential for significant revenue generation in privacy-preserving identity and compliance verification, with leading infrastructure providers achieving annual revenues in the range of $30–40 million [8].

Core Viewpoint - Streamex Corp. has successfully closed a USD $25 million tranche of convertible debenture financing, which will be used to purchase physical gold bullion and advance its tokenization strategy with the upcoming GLDY pre-sale launch [2][4]. Financing Details - The financing involves a total of USD $50 million in secured convertible debentures, with the first tranche of USD $25 million already released [10]. - The remaining USD $25 million will be deployed in a subsequent tranche, contingent upon the effectiveness of the Company's Registration Statement and meeting certain closing conditions [10]. Strategic Implications - All net proceeds from the financing will be allocated to acquiring vaulted, physical gold bullion, reinforcing Streamex's gold-backed balance sheet and supporting its tokenization initiatives [4][10]. - The strategy aims to provide stability against currency devaluation and create a foundation for scalable, blockchain-enabled investment products [4]. Market Outlook - The macro-outlook for gold is constructive, with major financial institutions raising long-term price targets due to persistent dollar weakness and increasing demand for hard assets [4]. - Jefferies has set a price target for gold at USD $6,600 per ounce, indicating a growing belief in gold's central role in global capital markets [4]. Company Overview - Streamex Corp. is focused on the tokenization and digitalization of real-world assets, providing institutional-grade solutions that integrate traditional commodities and assets into blockchain-enabled markets [7].