Business UpdateMay 18, 2026, 07:32 AM
Streamex Distributes Second GLDY Yield Payment; 3.5% Annualized Lease Yield
AI Summary
Streamex Corp. announced the distribution of its second yield payment for GLDY, its gold-backed, yield-bearing tokenized security, covering April 2026. GLDY holders received 0.002677 GLDY per token, generated from an institutional gold leasing program with an annualized lease yield of 3.5%. CEO Henry McPhie emphasized the product's recurring nature and the company's focus on scaling the program and expanding trading venues.
Key Highlights
- Streamex distributed its second yield payment for GLDY, its gold-backed tokenized security.
- The distribution covers the period from April 1st through April 30th, 2026.
- GLDY holders received a distribution of 0.002677 GLDY per token.
- A total of 8.267485 GLDY (8.267485 oz's gold) was distributed for April.
- Gold on lease is currently earning an annualized lease yield of 3.5%.
- This marks the first full month of distributions reflecting near fully-deployed gold reserves.
Price Impact
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