Streamex (STEX) Lytham Partners Fall 2026 Investor Conference summary

Company overview and mission

• Focused on tokenizing commodity assets to unlock value and improve trading efficiency using blockchain technology.

• Operates as a financial technology platform, issuing its own tokenized assets and retaining associated economics.

• Not a cryptocurrency, ETF, mining, or royalty company; aims to diversify beyond flagship gold product GLDY.

• Plans to expand into silver, oil, gas, and copper assets in the coming year.

Business model and revenue streams

• Generates recurring revenue from tokenization, management, and trading fees on issued assets.

• Management fee for GLDY is 1% of AUM, deducted from lease yield; trading fees are 10 basis points per transaction.

• Owns the platform and assets, capturing all associated fee streams as assets scale.

• Token NPV estimated at $1,500 based on durable fee streams and high trading frequency.

Market opportunity and adoption

• Targets the large and liquid global commodities market, with gold trading volumes comparable to the S&P 500.

• Distribution partnerships include regulated broker-dealers and custodians such as Siebert, Inspira, Coinbase, Anchorage, and Equity Trust.

• Adoption is the next focus, with infrastructure and platform already built and scaling.

• First company revenue recognized last quarter; over $41 million in liquidity and declining operating expenses.