Streamex Corp. (NASDAQ: STEX), a technology company focused on commodity tokenization, reported financial results for the third quarter ended Sept. 30, 2026, highlighting growth in its gold-backed GLDY product. Gold holdings increased to 3,351 ounces from 3,111 ounces in the previous quarter, while external ownership of outstanding GLDY nearly doubled to 17.7% from 9%. Assets under management rose 12% to $14 million, and quarterly gold lease income totaled $145,000.
The company reported a net loss of $17.5 million, or $0.09 per share, compared with a net loss of $14.6 million, or $0.08 per share, in the second quarter. Operating expenses totaled $18.1 million, including $9.3 million in noncash stock-based compensation. Streamex ended the quarter debt-free with a total liquidity position of $36.5 million.
Operationally, Streamex announced plans to introduce GLDY on Equity Trust’s individual retirement account (IRA) platform, which holds approximately $73 billion in assets under custody and administration, making GLDY its first tokenized asset. The company also reported an initial $1 million institutional allocation to a gold carry strategy using GLDY and expanded its distribution network through partners representing more than $160 billion in combined assets. Additionally, the Cask Foundation began establishing liquidity for its USGY gold yield product in October, with a public launch planned following completion of that process. Streamex reported seven consecutive monthly GLDY distributions paid in gold and introduced a new corporate brand.
For investors, the results underscore Streamex’s progress in scaling its tokenized gold offerings despite a widening net loss driven largely by noncash expenses. The debt-free balance sheet and substantial liquidity position provide flexibility as the company pursues partnerships and platform integrations. The move onto Equity Trust’s IRA platform could significantly broaden GLDY’s reach, as it would become the first tokenized asset available on a platform with tens of billions in assets under custody. The institutional allocation and expanded distribution network signal growing acceptance of tokenized commodities among traditional finance participants.
To view the full press release, visit https://ibn.fm/GFj7w. Streamex Corp. is a technology and infrastructure company focused on the tokenization and digitalization of commodity real-world assets, delivering institutional-grade solutions that bridge traditional finance and blockchain-enabled markets through secure, regulated, and yield-bearing financial instruments. For more information, visit www.streamex.com.
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