Streamex Corp. shares surged over 20 per cent on Monday as the company unveiled plans for a pre-sale of its gold-backed stablecoin, GLDY. The digital asset promises investors exposure to physical gold while offering an annualised yield of up to 4 per cent.
The pre-sale, set to open for qualified investors on or before 10 November, marks Streamex’s most ambitious move yet into the tokenisation of real-world assets. The initiative aims to attract institutional investors seeking diversification and stability in a volatile digital market.
A New Approach to Gold Investment
GLDY is designed to provide investors with yield payments denominated in ounces of gold rather than traditional fiat or crypto assets. The token is backed by physical gold bullion held by Streamex, which positions it as a bridge between traditional commodities and blockchain-based finance.
“The launch of GLDY represents a major evolution in how investors can access and benefit from physical gold,” said Henry McPhie, co-founder and chief executive officer of Streamex. “Now, instead of paying to hold gold, investors can get paid to hold gold.”
According to the company, the stablecoin aligns with Streamex’s broader mission to create digital instruments that reflect real-world commodities, allowing investors to gain exposure to tangible assets while benefiting from blockchain efficiency and transparency.
Strong Institutional Focus
The GLDY pre-sale has been structured primarily for institutional participants. Streamex has set a minimum investment threshold of $200,000 for accredited individuals and $1 million for institutional investors. The company plans an initial issuance capacity of $100 million, with Streamex itself committing at least $5 million to the project.
Depending on investor demand, the total issuance may expand to $1 billion. Yield generation will be supported through gold leasing deals executed in partnership with Monetary Metals, a firm known for its expertise in gold-based yield strategies.
McPhie highlighted the token’s appeal for professional investors, stating: “The combination of capital preservation, liquidity, and yield denominated in ounces is purpose-built for portfolio managers, ETFs and institutional balance sheets seeking durable cash management and diversified commodity exposure.”
Market Reaction and Investor Sentiment
News of the GLDY pre-sale sent Streamex shares soaring by 20.42 per cent on Monday. The stock continued to trade slightly higher in pre-market trading the following day, according to data from Google Finance.
The market response reflects growing interest in gold-backed digital assets, which are increasingly viewed as a hedge against both inflation and crypto market volatility. Streamex’s announcement also follows a strong year for the company, which in July secured $1.1 billion in growth funding alongside BioSig to develop an onchain treasury business backed by gold reserves.
Analysts suggest that Streamex’s latest initiative could strengthen investor confidence in asset-backed digital tokens, a segment that has gained momentum amid broader market instability and tightening regulatory oversight.
Gold’s Rising Role in Crypto Portfolios
The launch of GLDY comes as more cryptocurrency companies seek exposure to gold to diversify their holdings and appeal to cautious investors. Gold-backed stablecoins offer a hybrid approach, combining the perceived stability of precious metals with the technological advantages of blockchain.
In June, Tether—the issuer of the world’s largest stablecoin—acquired a 32 per cent stake in Canada-based gold royalty firm Elemental Altus Royalties. The firm has also initiated discussions with mining and investment groups to explore opportunities across the gold supply chain.
Streamex’s move follows this trend, signalling a growing shift among major players in the crypto industry towards integrating tangible assets into digital ecosystems. Industry experts believe such initiatives may play a crucial role in enhancing trust and attracting institutional capital to decentralised finance (DeFi) markets.
Tokenising Real-World Assets
Tokenisation of physical commodities such as gold, oil and real estate has emerged as one of the fastest-growing areas within digital finance. By transforming tangible assets into blockchain-based tokens, companies can offer investors fractional ownership, increased liquidity and transparent auditing mechanisms.
Streamex’s GLDY token positions the company at the forefront of this movement. Its partnership-driven approach and focus on yield-bearing gold instruments could set a new standard for institutional-grade digital investments.
While details of the pre-sale’s allocation structure remain undisclosed, Streamex confirmed that participation will be strictly limited to accredited investors in compliance with applicable financial regulations.
As the digital asset landscape matures, analysts expect more hybrid financial products—like GLDY—to bridge the gap between traditional investment strategies and decentralised technologies. For now, Streamex’s bold bet on gold appears to have struck a chord with investors eager for stability in uncertain markets.
