Streamex Announces Official Launch Date of GLDY, a Yield Bearing Gold-Backed Tokenized Security
Rhea-AI Summary
Streamex (NASDAQ: STEX) will launch GLDY, a gold-backed tokenized security, on February 25, 2026. GLDY offers 1:1 exposure to physical gold while targeting up to 4% annualized yield, paid monthly in additional gold.
The fund accepts daily contributions with no size cap, uses Chainlink Proof of Reserves, and names EisnerAmper auditor and Zedra administrator. Approved custodians include Anchorage Digital Bank, Coinbase Prime and tZERO. Indications of interest previously exceeded US$100 million, with initial funding expected at launch and closing of indications by end of Q1 2026.
Positive
- Targeted yield of up to 4% annualized paid monthly in gold
- 1:1 physical gold exposure while earning yield
- Indications of interest exceeding US$100 million prior to launch
- Chainlink Proof of Reserves integration for transparency
Negative
- Yield is targeted via gold leasing and is not guaranteed
- Yield generation depends on a single counterparty: Monetary Metals
News Market Reaction – STEX
On the day this news was published, STEX declined 6.30%, reflecting a notable negative market reaction. Argus tracked a trough of -17.7% from its starting point during tracking. Our momentum scanner triggered 17 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $17M from the company's valuation, bringing the market cap to $247M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
No peers from the stated sector appeared in the momentum scanner, and there are no same-day peer headlines, suggesting the 5.39% move in STEX ahead of this announcement appears stock-specific rather than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 10 | Corporate update | Positive | -1.0% | Update on balance sheet strength, insider alignment, and 2026 product roadmap. |
| Feb 09 | Governance & debt | Positive | -7.3% | Executive chairman appointment and early repayment of secured convertible debentures. |
| Feb 04 | Board appointment | Positive | -5.6% | Addition of NYU finance professor to board to support capital markets strategy. |
| Jan 27 | Over-allotment close | Positive | +7.3% | Full exercise of over-allotment, lifting total equity raise to $40.25M. |
| Jan 26 | Equity offering | Positive | +4.6% | Closing of $35M public offering at $3.00 per share under S-3 shelf. |
Recent news has often been positive (capital raises, debt repayment, governance), yet 3 of the last 5 events saw negative next-day moves, showing a tendency for the stock to sell off on good news, with offerings the main exceptions.
Over the past month, Streamex has executed multiple capital markets and governance steps ahead of its tokenization roadmap. On Jan 26–27, 2026, the company raised a total of $40.25M through an underwritten offering and over-allotment, earmarked to repay indebtedness and fund operations. Subsequent updates in early February highlighted board strengthening, early repayment of secured convertible debentures, and a corporate update emphasizing a stronger balance sheet and over $50M in cash. Today’s GLDY launch-date announcement follows that sequence, advancing the product roadmap toward monetizing gold-backed tokenized securities.
Market Pulse Summary
The stock moved -6.3% in the session following this news. A negative reaction despite the GLDY launch-date disclosure would fit a recent pattern where positive operational and balance-sheet updates preceded weak price responses. Investors might reassess prior equity issuance near $3.00 and the stock’s position roughly 65.86% below its 52-week high when evaluating downside risk. Attention would likely remain on whether the announced up to 4% targeted yield and disclosed interest above US$100 million translate into actual deployed capital.
Key Terms
tokenized security technical
gold leasing financial
private placement memorandum financial
proof of reserves technical
AI-generated analysis. Not financial advice.
GLDY will launch February 25, 2026, introducing an institutional-grade yield generating gold backed asset
WINTER PARK, Fla., Feb. 18, 2026 (GLOBE NEWSWIRE) -- Streamex Corp. (“Streamex”) (NASDAQ: STEX), a commodity focused real-world asset tokenization company, today announced the official launch date of GLDY, a gold-backed, tokenized security designed to provide exposure to physical gold while generating yield. GLDY is scheduled to launch on February 25, 2026.
Henry McPhie, Co-Founder & Chief Executive Officer of Streamex, said: “For decades, investors have accepted that holding gold comes with a cost, whether through storage, insurance, or ETF management fees. 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 1:1 exposure to physical gold and earn yield distributed as additional units of gold monthly.”
Beginning February 25, 2026, eligible investors will be able to onboard and purchase GLDY directly through app.streamex.com, subject to applicable compliance requirements.
Overview of GLDY
GLDY is a gold-backed, tokenized security that provides 1:1 exposure to physical gold while targeting up to a

Figure 1: Graph shows typical returns of a standard Gold ETF, physical gold and GLDY over 5 years
Additional Information
GLDY will be visible on RWA.xyz and integrated with Chainlink Proof of Reserves, supporting transparency and data verification.
The GLDY Private Placement Memorandum (“PPM”) and subscription documentation have been finalized, and Streamex is prepared to begin accepting binding orders upon launch. GLDY is issued by Streamex Ltd., a Cayman Islands open ended fund. Streamex Ltd. can take daily contributions and has no cap on size or growth.
The Auditor and gold attestation-provider for the Fund will be EisnerAmper. Zedra will be the fund administrator. Approved custodians for GLDY include Anchorage Digital Bank, Coinbase Prime and tZERO. Counsel to the Fund include Walkers, Chapman Cutler, and Croke Fairchild Duarte & Beres. A Streamex entity, GLDY ServiceCo LLC, will act as Servicer to the Fund. Other launch partners include Fireblocks, Base, Chainlink, and Fundbank.
The Company has previously disclosed indications of interest exceeding US
About Streamex Corp.
Streamex Corp. (NASDAQ: STEX) is a technology and infrastructure company focused on the tokenization of commodity backed real-world assets, delivering institutional-grade solutions that bridge traditional finance and blockchain-enabled markets.
For more information, visit www.streamex.com or follow the company on X (Twitter) at @streamex.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws, including statements regarding the expected launch and availability of GLDY, anticipated investor demand, expected funding and closing timelines, potential liquidity and secondary market activity, anticipated yield characteristics, eligibility of GLDY to be held within retirement accounts or other investment vehicles, and Streamex’s expectations regarding the growth, adoption, and market positioning of GLDY. Forward-looking statements are based on current expectations, assumptions, and beliefs as of the date hereof and are subject to risks and uncertainties that could cause actual results to differ materially. These risks include, among others, market conditions, regulatory developments, investor participation levels, operational and technological risks, counterparties’ performance, and other factors described in Streamex’s filings with the U.S. Securities and Exchange Commission. Streamex undertakes no obligation to update or revise any forward-looking statements, except as required by law.
Contacts
Streamex Press & Investor Relations
Adele Carey – Alliance Advisors Investor Relations
IR@streamex.com | acarey@allianceadvisors.com
Henry McPhie
Chief Executive Officer, Streamex Corp.
contact@streamex.com | www.streamex.com | X.com/streamex
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5a25f1e2-5554-475a-aa81-eedc03308032