Streamex Business Summary

Streamex Corp. (NASDAQ: STEX) is a vertically integrated financial technology firm specializing in the institutional-grade tokenization of real-world assets (RWA), with a primary focus on precious metals and commodity streaming. The company generates revenue through a multi-layered model consisting of platform transaction fees, asset management charges, and a proprietary "take rate" derived from yield-generating partnerships, such as its exclusive tie-up with Monetary Metals. Its core business segments include its RWA issuance infrastructure, a gold treasury and leasing division, and a regulated digital asset ecosystem. Streamex's flagship product, GLDY, is a yield-bearing gold-backed security that differentiates the firm from non-yield competitors like Paxos (PAXG), Tether Gold (XAUt), and Kinesis Gold (KAU). As a Nasdaq-listed entity, Streamex occupies a unique market position by bridging traditional mining royalty structures with compliant, on-chain liquidity for institutional investors. The company is led by Co-Founder and CEO Henry McPhie, a mining engineer and Web3 entrepreneur who previously founded Lynx Web3 Solutions and the FatCats Capital NFT project. In February 2026, Co-Founder Morgan Lekstrom, a veteran mining executive with a pedigree at Rio Tinto and Freeport-McMoRan, was appointed Executive Chairman to accelerate strategic execution. The leadership team is further bolstered by Chief Investment Officer Mitchell Williams, CFA, who brings over 20 years of Wall Street experience from OppenheimerFunds and Wafra Inc., and Head of Capital Markets Russell Starr. Streamex's board includes notable industry figures such as former BMO Global Asset Management ETF head Kevin Gopaul and NYU Stern Finance Professor Anthony Marciano, with significant backing from billionaire mining investor Frank Giustra, the founder of Wheaton Precious Metals.