Streamex Corp (OTC: STEX) is a blockchain-based financial technology company that operates the Streamex Platform, a system for the tokenization and administration of real-world assets (RWA). Its initial product is GLDY, a gold-backed tokenized security designed to give holders exposure to the spot price of gold without direct ownership of physical bullion. The company acquired Streamex Exchange in December 2025, issuing 824,052 shares of common stock to two third-party advisors as finder's fees with a total fair value of approximately $4.8 million (FY2025). Revenue is intended to be generated through token issuance, platform usage, and transaction fees, though the filing does not disclose realized revenue figures for FY2025. The company carries two tranches of secured convertible debentures totaling $50.0 million in principal, issued to Yorkville (YA II PN, Ltd.) in November and December 2025, with $12.6 million of the first tranche allocated to vaulted physical gold. Henry McPhie and Christine Plummer serve as authorized signatories as of the 10-K filing dated March 31, 2026.

Revenue model

Fee-based model targeting revenue from token issuance, platform usage, and transaction fees tied to GLDY and future tokenized RWA products on the Streamex Platform. No realized revenue figures are disclosed in the FY2025 10-K excerpts.

Products and services

Streamex Platform: a blockchain-based infrastructure for RWA tokenization, including security, access controls, auditability, and compliance workflows. GLDY: a gold-backed tokenized security providing exposure to spot gold prices without direct physical ownership, issued and administered on the Streamex Platform.

Customers and end markets

Target end markets include retail, institutional, and sovereign participants seeking gold exposure for investment and treasury management purposes. No specific customer counts or concentration disclosures are available in the filing excerpts.

Value-chain role

Platform operator and token issuer sitting between physical gold custodians and token investors. Physical gold is held in third-party vaulted custody; the company manages issuance, administration, compliance workflows, and digital transfer mechanisms for tokenized products.

Geographic exposure

No specific geographic revenue breakdown is disclosed in the filing excerpts. Legal proceedings reference a filing in the Supreme Court of British Columbia, indicating some operational nexus in Canada.

Source: SEC 10-K, filed 2026-03-31

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