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Streamex Corp. shares soared more than 20% following the company’s announcement of a pre-sale for GLDY, a gold-backed stablecoin that offers institutional investors a new way to harness gold exposure along with a potential yield of up to 4%.
Key Takeaways
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Streamex shares jumped over 20% after the GLDY pre-sale announcement.
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GLDY is a gold-backed stablecoin targeting accredited individuals and institutions.
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The token offers potential annualized yields of up to 4%, paid in gold.
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Minimum investment starts at $200,000 for individuals and $1 million for institutions.
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The initial pre-sale is capped at $100 million, with potential expansion up to $1 billion.
GLDY Stablecoin Pioneers Gold-Backed Yield for Institutions
The launch of GLDY marks Streamex’s strategic move into the tokenization of real-world commodities. Unlike traditional gold ETFs, which charge holders storage fees, GLDY allows investors to potentially earn yield in gold via monthly compounding, making the offering attractive for institutional portfolios seeking diversified, income-generating assets.
Each GLDY token is directly backed by physical gold reserves, safeguarded within regulated custody systems. The steady yield stems from structured gold-leasing activities, with Streamex leveraging its exclusive partnership with Monetary Metals. This approach offers a regulated and transparent mechanism, aiming to modernize gold investing for asset managers, portfolio strategists, and large-scale financial entities.
Pre-Sale Details and Participation Requirements
Participation in the GLDY pre-sale is limited to qualified, accredited investors. Streamex has set entry thresholds at $200,000 for individuals and $1 million for institutions, underscoring its focus on large, professional market participants. The company itself will invest at least $5 million into the offering, signaling its confidence in the project’s long-term prospects.
The pre-sale is set to open no later than November 10, with initial issuance capped at $100 million but room for growth should demand warrant. GLDY integrates into a broader ecosystem of regulated, tokenized assets, offering compliance and audit transparency for stakeholders seeking stable, yield-generating exposure to gold.
Market Reaction and Industry Trends
News of the pre-sale prompted Streamex shares (NASDAQ: STEX) to rally more than 20% to close at $6.31, with further gains in pre-market trading. The rise reflects growing investor enthusiasm for digital assets backed by tangible commodities, especially as both retail and institutional actors search for hedged, yield-oriented alternatives amid global economic uncertainty.
This launch follows broader trends in the crypto sector, where heavyweight firms like Tether are pivoting into gold and commodity-backed tokens for diversification and stability. With the GLDY initiative, Streamex positions itself at the forefront of institutional-grade digital gold investment—combining the security of physical assets with cutting-edge financial engineering.
Sources
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Streamex Stock Jumps on Gold-Backed Stablecoin Launch, Cointelegraph.
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Soar 20% as GLDY Gold-Backed Stablecoin Prepares for Pre-Sale Launch, CoinCentral.
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Streamex shares soar 20% on gold-backed stablecoin pre-sale launch, Crypto Adventure.
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