what's GLDY?
GLDY is a gold-backed stablecoin developed by Streamex Corp., a Nasdaq-listed company specializing in real-world asset (RWA) tokenization. It is designed for institutional investors, offering exposure to physical gold reserves through a regulated digital asset on blockchain networks. Each GLDY token is fully backed by allocated gold stored in secure vaults, with real-time on-chain verification provided by Chainlink's Proof of Reserve to ensure transparency and auditability of reserves. The stablecoin integrates Chainlink's Cross-Chain Interoperability Protocol (CCIP) for seamless transfers across compatible blockchains like Base and Solana, enabling native usability without bridges. It also leverages Chainlink Price Feeds for accurate gold pricing (XAU) in smart contracts, supporting secure DeFi applications and tokenized commodity markets. GLDY aims to bridge traditional finance with blockchain by providing a yield-bearing mechanism tied to gold holdings, accessible via pre-sales and institutional offerings.
Streamex raised $25M for gold reserves ahead of a $100M GLDY stablecoin presale.
Links
x.com/streamexLaunching on STEX exchange.
Letter of intent with Simplify suggests a pathway into an ETF wrapper, likely as a small sleeve initially.
Insiders control more than 50% of the supply and have been buying in the open market across levels.
Announces $15M funding through publicly traded $EMPR.
Raised $25M to increase gold reserves ahead of the $100M GLDY stablecoin presale.
Streamex raised $25M to increase gold reserves ahead of a planned $100M GLDY stablecoin presale.
Partners with Chainlink to enable cross-chain transfers of gold-backed stablecoin GLDY across Base and Solana using Chainlink CCIP, and integrates Chainlink Proof of Reserve for real-time onchain verification of gold reserves backing GLDY.
Streamex announces strategic partnership with Chainlink as official oracle provider, enabling GLDY cross-chain transfers on Base and Solana through Chainlink CCIP and integrating Chainlink Proof of Reserve for real-time onchain verification of gold reserves backing the stablecoin.
Siebert provides analysis positioning the project as a pioneer in on-chain gold with a 6-12 month head start in tokenized gold distribution. The project targets $3B in gold-backed assets under management by 2027, representing approximately 0.75% of the $400B spot gold ETF market.
Launched $100M presale for a gold-backed stablecoin offering 4% yield, converting bullion into an income asset.
Merger with Nasdaq-listed BioSig Technologies and $1.1B financing deal announced, including partnership with Cantor Fitzgerald for RWA tokenization strategy.