For centuries, gold has been the ultimate store of value, but it has always come with a catch: it is a “lazy” asset. To hold physical gold, investors have historically had to pay for the privilege through storage fees, insurance costs, and management premiums.
Today, Streamex Corp. (NASDAQ:STEX) announced it is officially ending that era. The company has set February 25, 2026, as the official launch date for GLDY, a gold-backed tokenized security that transforms gold from a non-productive asset into a yield-generating powerhouse.
A New Paradigm for Precious Metals
The core innovation of GLDY lies in its ability to offer 1:1 exposure to physical gold while targeting an annualized yield of up to 4%, paid monthly in additional units of gold.
“For decades, investors have accepted that holding gold comes with a cost,” said Henry McPhie, Co-Founder and CEO of Streamex. “GLDY fundamentally changes that equation. After more than three and a half years of building the infrastructure, we’ve created a product that allows investors to maintain exposure to physical gold and earn yield distributed as additional gold.”
This yield is not generated through high-risk lending or “paper gold” schemes. Instead, Streamex has partnered with Monetary Metals to utilize gold leasing, a process that puts physical metal to work in productive commercial use cases, generating a return that is passed back to the token holders.
Institutional-Grade Infrastructure
As the Real-World Asset (RWA) space matures, Streamex is setting a high bar for transparency and compliance. GLDY is issued as a tokenized security by Streamex Ltd., an open-ended fund based in the Cayman Islands.
The company has assembled a “who’s who” of partners to ensure institutional integrity:
- Verification: Integrated with Chainlink Proof of Reserves for real-time data verification and transparency.
- Audit & Administration: EisnerAmper serves as the auditor and gold attestation provider, with Zedra acting as fund administrator.
- Custody: A multi-custodian approach includes Coinbase Prime, Anchorage Digital Bank, and tZERO.
- Technology & Network: Built on the Base network, utilizing Fireblocks infrastructure and Fundbank for financial operations.
Market Appetite
The market response to the pre-launch phase has been nothing short of explosive. Streamex confirmed today that it has already received indications of interest exceeding $100 million. Funding for these initial indications is expected to commence immediately upon the February 25th launch, with closings anticipated by the end of Q1 2026.
How to Participate
Starting next Wednesday, February 25, eligible investors will be able to onboard and purchase GLDY directly through the Streamex portal at app.streamex.com. The fund is designed to be highly liquid, allowing for daily contributions with no cap on total fund size or growth.
About Streamex Corp.
Streamex Corp. (NASDAQ:STEX) is a leader in the commodity-focused RWA space. By bridging the gap between traditional finance (TradFi) and blockchain-enabled markets, Streamex is creating a new standard for how institutional and retail investors interact with the world’s most valuable commodities.
For more information, visit www.streamex.com or follow the company on X @streamex.