WINTER PARK, Fla. – Streamex Corp. () announced today a collaboration with and to make its gold-backed tokenized security, , available through Siebert’s brokerage channels. The announcement comes as STEX shares trade at $0.80, down nearly 90% over the past year with a current market capitalization of $13.74 million.
Under the arrangement, Siebert brokers can offer GLDY to wealth management and institutional clients through traditional brokerage accounts. The security will be custodied on tZERO’s digital securities platform, according to a press release statement.
GLDY is described as a gold-backed, yield-bearing tokenized security that pays up to 3.5% annualized yield in additional gold through gold leasing. According to InvestingPro data, STEX stock movements are quite volatile with a beta of 1.86, and the company remains unprofitable with an EPS of -$5.86 over the last twelve months. Investors can access detailed analysis through the comprehensive Pro Research Report, available for STEX and 1,400+ US equities on InvestingPro. Siebert oversees approximately $20 billion in assets under management and operates through its broker-dealer subsidiary, Muriel Siebert & Co., LLC, a FINRA-registered broker-dealer.
Investors can purchase GLDY through Siebert using the same process as other financial instruments. The asset will be held in custody at tZERO, a digital securities platform regulated under federal securities laws.
“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 Chief Executive Officer of Streamex.
tZERO provides a liquidity platform for private companies and assets through its broker-dealer subsidiaries. The company offers solutions for issuers seeking to digitize their capital table through blockchain technology.
Siebert serves retail, wealth management, and institutional clients across the United States. The collaboration enables the firm’s brokers and institutional sales force to include GLDY in client investment discussions.
Investors interested in purchasing GLDY who do not have a Siebert brokerage account may contact the firm to begin the account opening process.
In other recent news, Streamex Corp reported its Q1 2026 earnings, revealing an earnings per share (EPS) of -$0.27, which fell short of the forecasted -$0.05. The company’s revenue for the quarter remained at $0, mirroring the previous year, as its flagship product, GLDY, started generating significant activity only towards the end of the quarter. Streamex emphasized its strategic focus on moving from development to revenue-generating operations. Additionally, the company announced the launch of 24/7 trading for its gold-backed tokenized security, GLDY, developed with Orca on the Solana blockchain. This infrastructure allows continuous trading with liquidity provided by institutional entities and ensures regulatory compliance through Streamex’s KYC and accreditation verification technology. In another development, Streamex appointed Kori Handy as Vice President of Product and Design. Handy, who has 18 years of experience in fintech and SaaS platforms, previously led a redesign at Groundfloor, resulting in significant increases in activation rates and cash deposits.
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