Streamex Details 3.5% Gold-Lease Yield Model as Shares Soar 15%
STEX•Streamex shares jumped 15% on Tuesday after trading down 64.8% year-to-date and 60.9% over the past 12 months. CEO Henry McPhie detailed GLDY’s 3.5% annual yield from gold-leasing with RFID-tracked bullion, over-collateralization, dual insurance layers, real-time Chainlink verification and monthly audits.
1. Shares Performance
Streamex shares climbed 15% on May 19, reacting to renewed interest in its GLDY product, but remain down 64.8% year-to-date and 60.9% over the last 12 months as broader market pressures weighed on the stock.
2. GLDY Gold-Leasing Structure
CEO Henry McPhie explained that GLDY delivers a 3.5% annual yield by leasing physical gold to institutional counterparties like jewelers and bullion banks. Each ounce is RFID-tagged, over-collateralized, insured by two tier-one carriers, tracked via Chainlink oracles and audited monthly to maintain title integrity for token holders.
3. Redemption and Market Liquidity
Investors can redeem GLDY tokens at any time on a T+2 basis for U.S. dollars, USDC or physical delivery of gold with no lock-up period. Streamex plans to launch a full secondary market supported by institutional market makers offering instant mint and redeem liquidity.
