Streamex Holds $40M Liquidity, Resolves KYC, Expands GLDY Token Operations
STEX•Streamex Corp’s GLDY gold-backed token has paid its first dividend and reached attestations after resolving KYC integration delays. The firm holds over $40 million in liquidity, is establishing instant T+0 settlement rails and swap-dealer partnerships, and plans to roll out silver, copper and oil tokens.
1. GLDY Product Milestones
GLDY, Streamex’s first gold-backed token, has completed its initial attestation and paid the first dividend to holders. Early operational delays caused by a KYC vendor integration issue have been resolved, with backlogged investor onboarding now being processed by a dedicated sales and service team.
2. Infrastructure Expansion
The company is building instant minting and redemption rails for T+0 settlement and has initiated swap-dealer relationships to streamline custody and purchase pathways. A permissioned secondary trading venue is in development, alongside integrations for wealth managers, retirement-account custodians, and a non-security version of GLDY to broaden market access.
3. Financial Position
As of quarter end, Streamex held over $40 million in liquid assets and securities on its balance sheet. Co-founders have forgone equity grants for the year to minimize dilution, and cash spend remains disciplined even as key hires ramp up.
4. Strategic Roadmap
With GLDY infrastructure live and proven, Streamex plans to leverage marginally lower launch costs to introduce silver, copper, oil and gas tokens, and commodity streams and royalties. The company is hiring a Head of Distribution and expanding its product sales team to drive growth across the commodities universe.
