Streamex Launches GLDY: Gold-Backed Token with Yield
Event summary
- Streamex Corp. will launch GLDY, a gold-backed tokenized security offering yield, on February 25, 2026.
- GLDY provides 1:1 exposure to physical gold with up to 4% annualized yield paid in additional gold monthly.
- Indications of interest exceed $100 million, with funding expected to commence at launch and close by Q1 2026.
- GLDY is issued by Streamex Ltd., a Cayman Islands open-ended fund with no cap on size or growth.
The big picture
Streamex's launch of GLDY marks a strategic move to bridge traditional gold investment with blockchain-enabled yield generation. The product challenges conventional gold ETFs by offering both exposure and income, potentially attracting investors seeking alternatives to fee-heavy structures. The $100 million in indications of interest suggests early institutional appetite, but the long-term success will depend on sustained yield performance and regulatory clarity.
What we're watching
- Yield Sustainability
- Whether Streamex can maintain the targeted 4% annualized yield through gold leasing with Monetary Metals.
- Investor Adoption
- The pace at which institutional and accredited investors adopt GLDY, given its unique yield-bearing structure.
- Regulatory Compliance
- How Streamex navigates varying regulatory landscapes for tokenized securities across different jurisdictions.
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