Streamex Corp (STEX) News & EventsSTEXNews & EventsStreamex Corp

Streamex Launches GLDY Class B Shares Custodied by Inspira Financial

Streamex announced that GLDY Class B shares, a non-tokenized share class of the company's gold-backed, yield-bearing tokenized asset, is now available for custody by Inspira Financial, a leading qualified custodian holding over $63B in assets and servicing more than 8M accounts. "Our goal is simple: give as many investors as possible a way to participate in GLDY and grow the asset's AUM. Inspira is another avenue to do exactly that. GLDY Class B shares allow traditional finance investors to get exposure through the custodian and account structure they already use, and the ability to convert into GLDY tokens at any time means they are never locked out of the full functionality and liquidity that tokenization provides. The more avenues we create, the more capital flows in, and the stronger GLDY becomes," said Henry McPhie, co-founder and CEO of Streamex.

Streamex Authorizes Repurchase of 10 Million Shares

Streamex announced that its board of directors has authorized a new share repurchase program, under which the company may repurchase, from time to time, up to an aggregate of 10M shares of the company's common stock, par value $0.001 per share, at a price per share up to $2.00, over the next 12 months.

Streamex Partners with Siebert Financial and tZERO to Launch GLDY

Streamex announced a strategic collaboration with Siebert Financial and tZERO Group to make its gold-backed, yield-bearing tokenized security, 'GLDY', available through Siebert's wealth management and institutional distribution channels. Under the agreement, Siebert brokers will be able to offer 'GLDY' directly to their clients, with custody handled on tZERO's regulated digital asset platform. The company noted that 'GLDY' pays up to a 3.5% annualized yield in additional gold through gold leasing, with Siebert managing approximately $20B in assets under management. "We are extremely excited to bring this collaboration online, fundamentally changing GLDY's distribution profile. By partnering with two best-in-class institutions in Siebert and tZERO, both of whom share our conviction that regulated tokenized securities are the next chapter of capital markets, GLDY can now reach investors through channels they already know and trust," said Henry McPhie, co-founder and CEO of Streamex.