Streamex's GLDY Token Trading Partnership and Equity Raise: Has the Bull Case Changed?

Streamex Corp. completed a $35mln follow-on offering and partnered with tZERO to enable regulated trading of its GLDY gold-linked tokenized security. The move strengthens Streamex's balance sheet but adds to its history of dilution. The tZERO tie-up targets a key short-term catalyst, but the upcoming lock-up expiry, negative equity position, and early-stage management remain risks. The valuation report suggests Streamex's share price may be too high.