Streamex Corp. (NASDAQ: STEX) shares folded Friday. Streamex, a technology company building the future of the commodity markets through tokenization, today announced that its independent registered public accounting firm has completed additional independent monthly examinations of the reserves backing GLDY, the Company’s gold-backed, yield-bearing tokenized security.
The examination covers gold in reserve and gold on lease between April 1 and September 30, 2026, and marks the continuation of monthly reporting Streamex intends to conduct on an ongoing basis.
GLDY tokens are subject to an independent examination on management’s assertion that each GLDY token is backed by at least one troy ounce of gold.
This morning’s news release characterizes this as a continuation of monthly examinations, conducted on a monthly basis. Streamex is committed to making the results of these independent reserve examinations publicly available upon completion.
These monthly examinations are in addition to a year-end audit giving investors additional confidence that GLDY tokens are backed by at least one troy ounce of gold.
STEX shares faded three cents, or 8.9%, to 29 cents.
Tech Insider