GlobeNewswire·Nov 12, 2026, 4:05 PM ET

Streamex Reports Third Quarter 2026 Results

STEX

Streamex Corp. reported 240 net new ounces of gold behind its GLDY token for Q3 2026, up from 15 ounces in Q2, with total gold holdings reaching 3,351 ounces.
The company issued 208 new GLDY tokens in Q3 compared to 27 in the previous quarter, while external ownership of GLDY doubled to 17.7% of outstanding shares.
GLDY assets under management grew 12% to $14.0 million at market value, supported by $145,000 in gold lease income for the quarter.
Operating expenses for the quarter totaled $18.1 million, including $9.3 million in non-cash stock-based compensation, resulting in a net loss of $17.5 million or $0.09 per share.
Adjusted EBITDA for Q3 2026 was negative $7.2 million, compared to negative $6.6 million in Q2.
The balance sheet remains debt-free with a total liquidity position of $36.5 million, comprising $13.2 million in cash and investments, while operating cash burn averaged $1.5 million per month.
GLDY is set to launch on Equity Trust's IRA platform next week as the first tokenized asset on the service, which manages approximately $73 billion in assets.
The Cask Foundation began liquidity bootstrapping for USGY in October, with a separate product GLDC scheduled for launch in early 2027.
An institutional investment manager initiated a $1 million gold carry strategy using GLDY as the long leg, contributing to doubled external ownership.
Management targets reducing operating cash burn to a range of $1.1 million to $1.3 million per month in the coming quarter while continuing independent reserve attestations.

Company: Streamex Corp.
Keywords: Nasdaq:STEX, Streamex Corp., #Gold, #tokenizedsecurities, $STEX, Digital gold, digital finance, Streamex, Blockchain