From The Motley Fool · Motley Fool Transcribing · · 2m
Streamex Q3 2026 Earnings Call
Streamex reports gold token GLDY growth and new retirement market launch.
In brief
Streamex reports gold token GLDY growth and new retirement market launch. Streamex's GLDY token grew to 3,351 ounces with 17.7% outside ownership and will launch on Equity Trust platform next week. Originally reported by The Motley Fool.
Q3 Financial Results
Net loss of $17.5 million or $0.09 per share compared to $14.6 million in previous quarter.
GLDY Growth Metrics
3,351 ounces of GLDY issued with 240 net new ounces added compared to 15 in prior period.
Outside Ownership
17.7% outside ownership doubled from 9.0% as institutional distribution network expanded.
Equity Trust Launch
GLDY expected to launch as first tokenized asset on Equity Trust platform next week.
Gold Lease Income
Gold lease income grew to $145,000, an 8% increase on like-for-like basis.
Cask Foundation
Cask Foundation established to issue permissionless on-chain products for non-U.S. participants.
USGY Vault
USGY gold yield vault targeting 10.1% APY with delta-neutral strategy.
Institutional Fund
Initial $1 million institutional fund launched using GLDY as long leg of gold carry trade.
Cash Burn
Operating cash burn of $1.5 million per month exceeded $1.1 million target due to legal costs.
Physical Gold Assets
Physical gold assets valued at $16.5 million at cost with $2.5 million market value difference.
Retirement Market
GLDY to be first tokenized asset for U.S. retirement accounts on Equity Trust platform.
Gold Carry Strategy
Gold carry strategy with GLDY pays 3.5% yield in gold with delta-neutral positioning.
Market Expansion
GLDY expanding to 350,000+ accounts through partnerships with custodians and retirement platforms.
Targeted Cash Burn
Targeted cash burn of $1.1 million to $1.3 million per month by Q4 2027.
AUM Growth
GLDY assets under management grew to $14 million with 12% quarterly increase.
Next Steps
GLDY to launch on Equity Trust platform next week with USGY vault public launch in early 2027.
What to remember
Streamex's GLDY token grew to 3,351 ounces with 17.7% outside ownership and will launch on Equity Trust platform next week.
