GLDY
Search documents
Streamex Corp. (NASDAQ: STEX) Announces Appointment of Kevin Gopaul, Global Financial Executive and ETF Pioneer to Its Board of Directors
Globenewswire· 2025-11-18 13:09
Core Insights - Streamex Corp. has appointed Kevin Gopaul, a seasoned financial executive with over 25 years of experience in asset management and capital markets, to its Board of Directors [1][2][4] - Gopaul's previous roles include Global Head of ETFs and Chief Investment Officer at BMO Global Asset Management, where he contributed to the growth of a $100 billion ETF franchise [2][5] - His expertise will be utilized to enhance the growth of Streamex's flagship product, GLDY, and to support the company's international expansion efforts [3][4] 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 technology [6] - The company aims to deliver transparent, scalable, and compliant digital asset solutions, bridging the gap between traditional finance and blockchain-enabled markets [6] Leadership Impact - The addition of Gopaul to the Board is seen as a significant milestone for Streamex, with expectations that his insights will be crucial for the company's global scaling and innovation in tokenized real-world assets [4][6] - Gopaul expressed enthusiasm about joining Streamex at a pivotal time for institutional digital assets, aligning with the future of global finance [4]
Streamex Corp. (NASDAQ: STEX) Announces Launch of $100,000,000 USD GLDY Pre-Sale – A Gold-Backed Yield Generating Stablecoin Offering Institutional Yield on Physical Gold Bullion
Globenewswire· 2025-11-10 13:30
Core Insights - The launch of Streamex's $100 million USD GLDY pre-sale represents a significant opportunity for gold investors, transforming gold into a yield-generating asset [1][3] - GLDY is designed to provide both spot gold exposure and yield paid in additional ounces of physical gold bullion, marking a major innovation in gold investment [4][9] Company Overview - Streamex Corp. is a leader in the tokenization of real-world assets and commodity-backed stablecoins, focusing on creating regulated, yield-bearing financial instruments [3][14] - The company aims to bridge traditional finance and blockchain markets by offering scalable and compliant digital asset solutions [14] GLDY Pre-Sale Details - The pre-sale for GLDY begins on November 10, 2025, with a target of raising $100 million USD, and Streamex will co-invest at least $5 million USD to demonstrate confidence in the strategy [3][13] - Minimum subscription sizes are set at $200,000 USD for accredited individuals and $1 million USD for institutions [5] Investment Structure - Each GLDY token represents a non-voting digital share backed by one troy ounce of physical gold, with an anticipated yield of up to 4% paid in ounces of gold [8][9] - The program will pay periodic distributions in the form of scrip dividends, allowing investors to earn yield while maintaining exposure to gold's price performance [9][12] Platform and Infrastructure - The GLDY platform is designed to host next-generation real-world assets, providing a user-friendly portal for investors to learn and participate in the offering [6][7] - The platform will facilitate subscriptions in U.S. dollars, stablecoins, or other approved digital assets, with redemption options available [12] Regulatory Compliance - GLDY will be offered as a security under Rule 506(c) of Regulation D, exclusively to accredited investors and institutions, ensuring compliance with applicable laws [6][11]
Streamex Corp. to Participate at the Cantor Fitzgerald Crypto & AI/Energy Infrastructure Conference on November 10-12, 2025
Globenewswire· 2025-11-06 13:30
Core Insights - Streamex Corp. is participating in the Cantor Crypto & AI/Energy Infrastructure Conference, highlighting its focus on institutional-grade tokenization of real-world assets [1][2] - The company aims to connect with institutional investors to discuss the transformative potential of real-world asset tokenization, particularly through its yield-bearing gold-backed stablecoin, GLDY [2] Company Overview - Streamex Corp. specializes in the tokenization of real-world assets, particularly in the gold and commodities market, utilizing institutional-grade infrastructure [3] - The company is developing a platform that offers regulated, yield-bearing, and liquid financial products, supported by a gold-denominated treasury and advanced tokenization technology [3]
Streamex Corp. (NASDAQ: STEX) Announces Gold Bullion Purchases & Closing of Initial USD $25,000,000 Tranche of the Previously Announced Financing; All Net Proceeds Deployed into Physical Gold Bullion
Globenewswire· 2025-11-05 13:00
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].
X @Chainlink
Chainlink· 2025-10-28 00:05
Streamex (@streamex), a Nasdaq-listed RWA tokenization company, has entered a strategic partnership with Chainlink as its official oracle provider.https://t.co/DjxOrRqh9WStreamex is making GLDY—its institutional-grade, gold-backed stablecoin—a Cross-Chain Token (CCT) powered by Chainlink CCIP, enabling secure, native transfers of GLDY across Base and Solana.Streamex is also integrating Chainlink Proof of Reserve to provide real-time, onchain verification of the gold reserves backing GLDY, and Chainlink Pric ...
Streamex Corp. (NASDAQ: STEX) Enters Strategic Partnership with Chainlink as Its Official Oracle Provider to Strengthen Tokenization Infrastructure
Globenewswire· 2025-10-28 00:00
Core Insights - Streamex Corp has announced a strategic partnership with Chainlink to enhance the cross-chain functionality and transparency of its gold-backed stablecoin, GLDY [3][4][9] - The integration of Chainlink's Proof of Reserves, Price Feeds, and Cross-Chain Interoperability Protocol (CCIP) aims to provide real-time verification of gold reserves and facilitate seamless token transfers across major blockchain ecosystems [4][5][7] Company Overview - Streamex is focused on the tokenization of real-world commodities, starting with its flagship GLDY token, which is a regulated, yield-bearing digital asset fully backed by physical gold [5][10] - The partnership with Chainlink reinforces Streamex's commitment to delivering institutional-grade infrastructure for gold-backed assets [7][9] Partnership Details - The integration of Chainlink's CCIP will allow for cross-chain token transfers using the Cross-Chain Token (CCT) standard, improving liquidity and accessibility for institutions and users [5][6][7] - Chainlink's Proof of Reserve will provide on-chain verification of the gold reserves backing GLDY, enhancing transparency and trust [4][7][9] Technology and Security - CCIP's consensus layer is supported by Chainlink's Decentralized Oracle Network (DON), which secures over $100 billion in DeFi Total Value Locked (TVL) [8] - The CCT standard allows for secure token transfers and programmability, enabling developers to create custom token pool contracts without inheriting CCIP-specific code [8][14] Market Position - Chainlink is recognized as the industry-standard oracle platform, powering a significant portion of decentralized finance and facilitating the integration of real-world assets on-chain [11][12] - The partnership with Chainlink positions Streamex to leverage a robust ecosystem, enhancing its growth opportunities and adoption in the market [6][9]
X @Easy
Easy· 2025-10-23 17:36
Investment Highlights - Siebert initiates coverage on Streamex (Nasdaq: STEX) with a BUY rating and a target of $11 USD [2] - Streamex's Gold yield token (GLDY) is characterized as a "one-of-one" product offering [2] - GLDY offers up to approximately 4% yield, 24/7 liquidity, and stronger ownership rights [2] Market Opportunity - Streamex is pioneering on-chain gold and opening a huge new Total Addressable Market (TAM) [1] - Streamex is targeting $3 Billion USD gold-backed Assets Under Management (AUM) by 2027, representing approximately 0.75% of the $400 Billion USD spot gold ETF market [2] - Only approximately 1.5% of gold is digital today [2] - Each additional 1% digital share represents approximately $280 Billion USD TAM for Streamex [2] Competitive Advantage - Streamex has a 6-12 month head start in tokenized gold and distribution [2]
Streamex Corp. (NASDAQ: STEX) to Participate in the 28th Annual Needham Growth Conference
Globenewswire· 2025-10-08 12:00
Core Insights - Streamex Corp. will participate in the 28th Annual Needham Growth Conference on January 13–14, 2026, in New York City [1] - The company will engage in one-on-one meetings with institutional investors to discuss its yield-bearing gold-backed stablecoin, GLDY, along with other advancements [2] - Streamex is focused on tokenizing real-world assets, particularly gold and other commodities, through regulated financial instruments [3] Company Overview - Streamex Corp. is a vertically integrated commodity tokenization company that aims to redefine commodity-based investments in the digital era [3] - The company operates with institutional-grade infrastructure and maintains a gold-denominated balance sheet [3]
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
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]