Streamex Corp. Appoints Former Microsoft and PayPal Lead Product Designer Kori Handy as Vice President of Product and Design
Rhea-AI Summary
Streamex (NASDAQ: STEX) appointed former Microsoft and PayPal product leader Kori Handy as Vice President of Product and Design.
Handy brings 18 years of fintech and SaaS experience, including work on platforms exceeding $2.5B AUM and 200 million users, to lead GLDY and Streamex’s tokenization ecosystem.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Positive
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Negative
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News Market Reaction – STEX
On the day this news was published, STEX gained 10.16%, reflecting a significant positive market reaction. Argus tracked a peak move of +15.6% during that session. Our momentum scanner triggered 22 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $15M to the company's valuation, bringing the market cap to $162.67M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 21 | Earnings & update | Positive | +3.7% | Q1 2026 earnings recap with cash, zero debt, GLDY AUM and partnerships. |
| May 18 | Dividend distribution | Positive | +3.3% | Second monthly GLDY yield distribution with 3.5% annualized gold-on-lease yield. |
| May 14 | Earnings release | Positive | +0.3% | Q1 2026 financials highlighting equity raised, deleveraging, and GLDY launch. |
| May 11 | Shareholder update | Positive | +2.5% | May update on GLDY, trading expansion, liquid assets above $40M, and hiring. |
| May 7 | Conference appearance | Neutral | -3.7% | Announcement of presentation at Needham conference to discuss platform and tokens. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent news tied to GLDY, liquidity, and distributions has typically seen modest positive price reactions, while a conference appearance drew a negative response.
Over May 2026, Streamex issued multiple updates centered on GLDY and its balance sheet. A Q1 2026 earnings recap on May 21 highlighted $45.85M cash, zero debt, and GLDY AUM of about $14M, with a 3.67% price lift. Earlier, GLDY’s April yield distribution on May 18 and a May shareholder update citing liquid assets above $40M also coincided with gains. A Needham conference announcement on May 7 saw shares fall 3.74%, showing less enthusiasm for event-only catalysts.
Regulatory & Risk Context
Key Terms
assets under management financial
aum financial
tokenized security financial
saas technical
arr financial
on-chain technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
WINTER PARK, Fla., May 26, 2026 (GLOBE NEWSWIRE) -- Streamex Corp. (“Streamex” or the “Company”) (NASDAQ: STEX), a technology company building the tokenization ecosystem for all real-world assets beginning with commodities, today announced the appointment of Kori Handy as Vice President of Product and Design. Kori brings 18 years of experience scaling fintech and SaaS platforms from zero to
Highlights
- Kori brings nearly two decades of product, design, and startup leadership experience building fintech and SaaS platforms used by more than 200 million people globally and helping scale businesses beyond
$2B + in assets under management. His work sits at the intersection of product vision, behavioral psychology, growth, and world-class design execution. - Known for turning highly complex financial systems into intuitive, high-conviction user experiences, Kori has led transformative product redesigns and growth initiatives across some of the most recognized companies in fintech and technology, including Groundfloor, PayPal, DraftKings, Expedia, Agora, and Microsoft.
- Kori’s work has consistently translated into measurable business outcomes. At Groundfloor (
$2.5B + AUM), he led a complete redesign of the investing platform across web and mobile that drove a32% increase in activation rates, a27% increase in cash deposits, and record monthly AUM growth. At High Circle Banking, his product and design leadership helped drive double-digit millions in AUM within the first 12 months. Earlier in his career, he helped scale products reaching more than 1 million downloads and millions in ARR through design-led product strategy and execution. - As Vice President of Product and Design, Kori will lead the evolution of the GLDY user experience and the broader Streamex ecosystem, overseeing product strategy, customer experience, visual systems, and the launch of next-generation financial products designed to redefine how investors interact with tokenized real-world assets.
Kori joins Streamex with a reputation for building ambitious, design-first financial products that blend simplicity, trust, and performance at scale. Over the course of his career, he has led product and design initiatives across fintech, banking, investing, enterprise software, and consumer technology, helping companies accelerate growth, improve conversion, increase assets under management, and create category-defining user experiences. He is joining Streamex at a pivotal moment as the Company transitions from infrastructure buildout into platform scale and mass-market product expansion. With GLDY, Streamex’s gold-backed, yield-bearing tokenized security, continuing to expand into institutional and broader investor markets, the Company is now focused on building an experience that makes sophisticated financial infrastructure feel effortless, intuitive, and globally accessible.
At Streamex, Kori will lead a comprehensive product transformation across the GLDY ecosystem and future product suite. His responsibilities will include product strategy, customer experience, design systems, brand direction, onboarding optimization, and the development of new investor-facing financial products.
Henry McPhie, Co-Founder & Chief Executive Officer of Streamex, said:
“Kori brings a rare combination of product vision, startup intensity, and elite design execution. He understands how to take highly complex financial infrastructure and turn it into experiences that feel simple, premium, and deeply intuitive. His work has consistently driven measurable business growth, from activation and retention to AUM expansion and customer trust. As we scale GLDY and introduce the next generation of tokenized financial products, Kori will play a major role in shaping how the world experiences modern digital assets.”
Kori Handy, Vice President of Product and Design, said:
“Streamex is building one of the most exciting financial products I’ve seen in years, a regulated, yield-bearing commodity product backed by real infrastructure, real liquidity, and real utility. What excites me most is the opportunity to humanize that complexity and create an experience that feels world-class, trustworthy, and incredibly easy to use.
I’ve always believed the future belongs to companies that can take powerful technology and make it feel simple, emotional, and accessible to everyday people. That’s what we’re building here. We’re not just designing another fintech product, we’re designing the future experience of owning and interacting with real-world assets on-chain.”
Background
Kori most recently served as Product Design Leader at Groundfloor, the award-winning real estate investing platform with more than
Prior to Groundfloor, he served as Head of Product Design at High Circle Banking, where he helped conceptualize and launch a premium banking and investing platform tailored to high-net-worth individuals. The platform scaled to double-digit millions in AUM within its first year.
Kori is also a repeat founder and operator. He founded Kepler Savings, a retirement fintech platform focused on helping hourly and contract workers build long-term wealth through payroll-linked investing experiences. The company gained early traction with enterprise brands including Taco Bell, KFC, and Wendy’s, scaled rapidly in ARR growth, and attracted backing from investors and executives associated with Salesforce, Amazon, Microsoft, and Google.
Earlier in his career, Kori founded Design First Apps, a product studio later acquired by a private equity firm after launching multiple globally featured applications that generated more than 2 million downloads and received over 40 Apple editorial features.
Throughout his career, Kori has become known for combining deep systems thinking with high-end product craftsmanship, helping companies bridge the gap between sophisticated financial infrastructure and human-centered user experiences.
About Streamex Corp.
Streamex Corp. (NASDAQ: STEX) is a technology company focused on the tokenization and digitalization of commodity real-world assets. Streamex delivers institutional-grade solutions that bridge traditional finance and blockchain-enabled markets through secure, regulated, and yield-bearing financial instruments.
For more information, visit www.streamex.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Streamex’s product development strategy, platform capabilities, growth initiatives, and GLDY’s expected performance and adoption. These statements are based on current expectations and assumptions that are subject to risks and uncertainties, many of which are beyond Streamex’s control, and actual results may differ materially. Factors that could cause such differences include, among others, market conditions, regulatory developments, and macroeconomic factors affecting digital asset markets. A discussion of these and other factors is set forth in Streamex’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K, as may be supplemented or updated by Streamex’s Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Streamex undertakes no obligation to update or revise any forward-looking statements except as required by applicable 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.
www.streamex.com | X.com/streamex
