Streamex completes first independent reserve attestation for GLDY

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Reviewed by
Ashish TScanX News Team
Key Highlights

Streamex Corp. announced that EisnerAmper LLP completed its first independent reserve attestation for GLDY, confirming full collateralization as of March 31, 2026. The examination, adhering to AICPA standards, verified that total redemption assets exceed outstanding tokens, ensuring asset-backing coverage of at least 100%. Streamex plans to conduct these monthly attestations ongoing to maintain institutional trust.

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Streamex Corp. has secured its first independent reserve attestation for GLDY, confirming that the gold-backed tokenized security is fully collateralized. EisnerAmper LLP, an independent registered public accounting firm, completed the examination as of March 31, 2026, verifying that total redemption assets held in fine troy ounces of gold are equal to or greater than the total GLDY redeemable tokens outstanding. This verification provides the rigorous third-party assurance required by institutional investors and marks the start of a commitment to monthly attestations.

The examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants (AICPA). It evaluated management’s assertion regarding the gold held for the benefit of GLDY token holders, which includes gold in approved vaults and gold deployed under the Company’s leasing program with Monetary Metals. Streamex retains title to the leased gold throughout the lease term, ensuring asset-backing coverage remains at or above 100%.

GLDY Reserve Attestation Summary — As of March 31, 2026

Metric Value
Independent examiner EisnerAmper
Examination standard AICPA attestation standards (SSAE)
GLDY redeemable tokens outstanding 3,064.674268
Total redemption assets (fine troy oz of gold) 3,064.915910
Surplus (deficit) 0.2416423
Asset-backing coverage ≥ 100%
Examiner's opinion Unmodified

Henry McPhie, Co-Founder & Chief Executive Officer of Streamex, emphasized that independent verification is foundational to institutional trust. He stated that the completion of the first third-party reserve attestation demonstrates that the gold backing every token is real, accounted for, and verifiable. McPhie added that Streamex will provide these attestations on an ongoing monthly basis as GLDY continues to scale.

GLDY is a yield-bearing tokenized security that pays an annualized yield of up to 3.5% in additional gold through its institutional gold leasing program. Investors can access real-time GLDY data, including Net Asset Value (NAV) and reserves, via the Chainlink Proof of Reserves Oracle and the rwa.xyz platform. The token is available for purchase through Streamex’s app and its distribution partners.

How will the introduction of monthly attestations impact GLDY's liquidity and trading volume on secondary markets?

What potential risks does the gold leasing program with Monetary Metals pose to the 100% asset-backing coverage during periods of market volatility?

Could this rigorous verification standard set a new regulatory benchmark for other tokenized commodities and real-world assets?

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