TechMediaBreaks – Streamex Corp. (NASDAQ: STEX) Announces $1 Million Institutional Allocation to GLDY-Based Investment Strategy

Streamex (NASDAQ: STEX) announced that an institutional investment manager has launched an investment strategy using GLDY, the company’s gold-backed, yield-bearing tokenized asset, as the long leg of a gold-denominated delta-neutral trade. A leading institutional investor will allocate an initial $1 million to the strategy, with the potential for follow-on investments as the strategy demonstrates its performance. Streamex said it views strategies of this kind as a new channel for growing GLDY assets under management.

Streamex also reported progress on the 90-day commitments outlined with its second-quarter earnings in August, including meeting its objectives of converting institutional allocations into GLDY and onboarding institutional partners as holders. Initial liquidity bootstrapping for GLDC and the Equity Trust IRA integration remain in progress, while the company paid its sixth consecutive monthly GLDY yield distribution in September.

To view the full press release, visit https://ibn.fm/58CbP

About Streamex Corp.

Streamex Corp. (NASDAQ: STEX) is a technology and infrastructure company focused on the tokenization and digitalization of commodity real-world assets. Streamex delivers institutional-grade solutions that bridge traditional finance and blockchain-enabled markets through secure, regulated, and yield-bearing financial instruments.

For more information, visit www.streamex.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from TechMediaWire, text “TECH” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.TechMediaWire.com

Please see full terms of use and disclaimers on the TechMediaWire website applicable to all content provided by TMW, wherever published or re-published: https://www.TechMediaWire.com/Disclaimer

TechMediaWire
Austin, Texas
www.TechMediaWire.com
512.354.7000 Office
Editor@TechMediaWire.com

TechMediaWire is powered by IBN

TechMediaWire

Share
Published by
TechMediaWire
Breaks Categories: News

Recent Posts

TechMediaBreaks – Versus Systems Inc. (NASDAQ: VS) Builds Interactive Engagement Solutions for Brands, Live Events

Versus Systems (NASDAQ: VS) is a technology company focused on increasing audience engagement by transforming…

17 hours ago

TechMediaBreaks – Nano-X Imaging Ltd. (NASDAQ: NNOX) Strengthens UK Market Access and Hospital-Based AI Capabilities

Nano-X Imaging Ltd. (NASDAQ: NNOX) (“Nanox”), an innovative technology company, is advancing Nanox.AI’s commercial and…

18 hours ago

TechMediaBreaks – Perpetuals.com Ltd. (NASDAQ: PDC) Announces Plans to Offer Tokenized U.S. Equities Under SEC Innovation Exemption Framework

Perpetuals.com (NASDAQ: PDC), a financial technology company combining regulated trading infrastructure and artificial intelligence, announced…

19 hours ago

TechMediaBreaks – TruGolf Holdings, Inc. (NASDAQ: TRUG) Taps Newly Acquired Polymath to Tokenize Franchise Ownership Records

TruGolf (NASDAQ: TRUG) announced that its franchise subsidiary, TruGolf Links Franchising LLC, has signed an…

21 hours ago

TechMediaBreaks – SKYX Platforms Corp. (NASDAQ: SKYX) Completes Merger With Deako to Expand AI Smart Home Technology Platform

SKYX Platforms (NASDAQ: SKYX), an advanced smart home and artificial intelligence technology company, announced the…

22 hours ago

TechMediaBreaks – MindBio Therapeutics Corp. (CSE: MBIO; Frankfurt: WF6; OTCQB: MBQIF) Completes Manufacturing of Next-Generation AI Intoxication Detection Kiosk

This article has been disseminated on behalf of MindBio Therapeutics Corp. and may include paid…

22 hours ago