Streamex (NASDAQ: STEX) reported its first revenue in the second quarter, $146,000 from gold lease fees, and outlined a plan to build a commodity-tokenization platform starting with yield-bearing gold. Its GLDY token is backed by physical gold, represents one troy ounce, and targets an approximately 3.5% annualized yield paid in additional gold; the company earns fees from tokenization, leasing and transfers rather than gold price moves. As of end-June, Streamex had $41.8 million in liquidity, no debt and about $20 million immediately available. Over the next 90 days it plans to convert institutional allocations into GLDY, prepare the retail-oriented GLDC launch, and later expand to silver and other commodities.
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