Streamex, led by CEO Henry McPhie, has introduced GLDY, a unique investment product that offers a 3.5% annual percentage yield (APY) by leasing physical gold to jewelers and refiners. This innovative approach allows investors to earn monthly yields in gold, enhancing the appeal of gold as an investment vehicle.
Recently, GLDY has been made available in traditional brokerage accounts through partnerships with Siebert and tZERO, broadening its accessibility to a wider range of investors. McPhie highlights the potential of tokenized commodities, estimating a $35 trillion market opportunity, as they offer a new way to invest in physical assets with the added benefit of digital liquidity.
Streamex's GLDY Offers 3.5% APY on Gold Leases, Expands to Brokerage Accounts
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