Why the Tokenized Yield-Generating Gold Stablecoin GLDY Will Benefit Bitcoin

Bitcoin is transforming into a form that diverges significantly from its initial speculative nature, and the introduction of a tokenized yield-bearing gold stablecoin, Streamex GLDY, set to launch on 25 February, highlights the potential of this future.

Observers in the market have likely noticed that gold has been exhibiting trading patterns similar to Bitcoin over the past few weeks, showcasing volatility that was previously characteristic of digital assets. On 30 January, spot gold experienced an intraday decline of up to 12%, just a day after reaching its peak of $5,592.85 per ounce.

As the largest deployment of US military force in the Middle East since the 2003 Iraq invasion assembles, gold is rising back above $5,000. It is anticipated that it will soon challenge its historical high.

The influx of capital into precious and semi-precious metals is occurring at a time when Bitcoin’s appeal as digital gold appears to be diminishing. While gold has surged 17.7% year-to-date, despite its recent sharp decline, Bitcoin has seen a decrease of 23.2%.

Nevertheless, it would be unwise to dismiss Bitcoin and overlook the emerging trends as tokenization gains traction, aligning the financial landscape more closely with Bitcoin.

As gold becomes increasingly tokenized, as exemplified by GLDY, which also offers yield, the current reality and future possibilities of Bitcoin as an income source become clearer. Tokenized gold illuminates Bitcoin’s yield potential.

Streamex $STEX is pleased to announce February 25, 2026, as the official launch date for GLDY.
GLDY is an innovative gold-backed, tokenized security that offers 1:1 exposure to physical gold while aiming for an annualized yield of up to 4%, paid in additional gold monthly.… pic.twitter.com/GpEFEMoq1N

— Streamex ( , ) (@streamex) February 18, 2026

Bond Yields, Gold, and Bitcoin at $1 Million – Eric Trump’s Remarks

During the World Liberty Financial conference at Mar-a-Lago this week, Eric Trump expressed skepticism about investing in dull bonds…

“If you don’t have the backbone, the wherewithal to weather volatility, go invest in some boring bond that’s going to yield you 4.5% and call it a day,”

However, let’s set aside his enthusiasm for Bitcoin for a moment and remind ourselves of what many wealthy individuals already understand – that building wealth is fundamentally about reinvesting income. Fixed income remains the dominant market for valid reasons.

Numerous investors are eager to seize the opportunity to invest in, for instance, a $1,000 bond yielding 4.5%. Compounded over a decade, that $1,000 grows to $1,552, representing a total return of 55.3%.

Now, let’s apply that yield-generating strategy to gold, while also factoring in capital gains as gold prices rise.

Similarly, consider Bitcoin. If Eric Trump’s assertion holds true, Bitcoin could reach a price of $1 million, and the asset’s compounding yield returns would soar – assuming you had lent out your Bitcoin through an appropriate financial instrument.

Eric Trump predicts Bitcoin will reach $1,000,000 pic.twitter.com/mrukUGxj6S

— Bitcoin Junkies (@BitcoinJunkies) February 17, 2026

How the Streamex GLDY Token Combines Gold Appreciation with Consistent Compounding Income

Gold enthusiasts and Bitcoin advocates have long sought ways to effectively combine the intrinsic value of both with an income stream.

The world’s first yield-bearing gold stablecoin is poised to offer a solution for gold investors, and existing tokenized gold stablecoin providers should take note.

Streamex (NASDAQ: STEX) serves as the special purpose vehicle issuer of the gold-backed GLDY yield-bearing token.

Each unit corresponds to 1 ounce of vaulted LBMA bullion and offers up to approximately 4% APY in-kind through a collaboration with Monetary Metals.

GLDY lends its gold to Monetary Metals, which subsequently leases it to gold users such as miners, refiners, and jewelry manufacturers. The fees paid by the lessees (in gold) constitute the yield, which is distributed to GLDY token holders on a monthly basis. Redemptions can be requested with three months’ notice.

Acquiring GLDY is akin to purchasing a gold ETF, but without the storage fees incurred by unit holders in fund management expenses. Additionally, gold ETFs do not provide a yield.

Transparent proof-of-reserves and pricing information are provided through Chainlink’s oracle services, integrating the gold stablecoin’s collateral and yield framework into both TradFi and DeFi.

Streamex Co-Founder Morgan Lekstrom Explains the Details to Cryptonews

Image: Morgan Lekstrom, Executive Chairman & Co-Founder, Streamex

Cryptonews contacted Streamex co-founder Morgan Lekstrom to gain further insights into the project.

He is a seasoned professional in mining and capital markets with extensive experience in EXIM-backed critical metals initiatives and gold-sector mergers and acquisitions.

He has recently assumed the position of Executive Chairman at Streamex.

“The GLDY presale is a private offering of up to $100 million (expandable) conducted through our own infrastructure, not a separate Nasdaq-listed security,” Lekstrom states.

“Streamex, the underlying technology firm, is listed on NASDAQ under the ticker STEX. The GLDY product is an institutional-grade tokenized security asset that is 1:1 backed by gold, offering a compounding yield of up to 4 percent in gold.

“The presale target was $100 million, and since it’s a rolling fund, we will continue to expand as the market develops. It scales rapidly.”

Streamex is developing a comprehensive real-world assets (RWA) stack for GLDY that encompasses cross-chain interoperability, oracle-secured proof-of-reserves, and a tZERO ATS for regulated US secondary trading.

A gold-backed corporate balance sheet will support all of this infrastructure. There are even preliminary plans for an ETF wrapper to enhance its appeal to investors.

Streamex has also announced that its Yorkville-secured convertible debenture has been fully settled.

The company currently holds over $50 million in cash after raising $40.25 million (net of expenses) from investors in January this year through two issuances totaling 13,416,667 shares of common stock.

Regarding the mechanics of yield accrual, Lekstrom elaborates:

“Each GLDY is backed by one fine troy ounce of physical gold, and the yield is paid directly in additional GLDY tokens representing extra ounces of gold.

“Investors holding GLDY earn up to an expected 4% annualized gold-denominated yield, which is reinvested into their position, allowing their gold exposure to compound over time.”

The ‘Tokenization of Everything’ Trend is Gaining Momentum

GLDY appears to be a timely product as tokenization continues to gain momentum.

So, how does Streamex fit into the picture beyond being the issuer and underlying technology provider for the project?

“The GLDY program is structured so that the gold lease yield flows to GLDY token holders in the form of additional GLDY, rather than as a dividend on Streamex Corp. stock,” Lekstrom clarifies.

“Streamex, as sponsor and service provider, has an economic stake through its role in structuring, operating, and co-investing in the program, but owning STEX shares is separate from holding GLDY and does not entitle a shareholder to GLDY yield.”

In terms of corporate structure, BioSig Technologies is technically the parent company of the Streamex SPV. Lekstrom explains further.

“The current Streamex business reflects the 2025 merger between BioSig Technologies and Streamex Exchange Corp., which established a publicly listed real-world asset tokenization platform on Nasdaq.

“The definitive share exchange agreement was executed in May 2025, and since then, the combined company’s strategy has focused on institutional-grade tokenization and on-chain commodities infrastructure rather than BioSig’s previous medical-technology emphasis.”

The Streamex GLDY token is accessible to accredited investors and institutions.

Image: RWA.xyz – GLDY begins trading on 25 February 2026

Will GLDY Replace Tether Gold (XAUT)?

In addition to holding substantial amounts of gold in its treasury – approximately 140 to 148 tonnes ($23–$24 billion) – Tether is also the clear leader in the tokenized gold market.

Tether Gold (XAUT) has a modest market capitalization of $2.6 billion. PAX Gold (PAXG) follows closely, with a market cap of $2.27 billion, and Kinesis Gold (KAU) ranks third, valued at $391 million.

Numerous other projects are preparing for launches, along with new, smaller tokens attempting to provide unique offerings.

What distinguishes this particular gold stablecoin is its yield-bearing characteristics.

The yield issue is central to the disagreements between bankers and crypto advocates in the US, hindering the progress of the CLARITY Act.

A third meeting between bankers and crypto representatives took place at the White House yesterday.

The bankers remain resistant to allowing stablecoins to earn yield, viewing it as a threat to trillions of dollars in deposits at US banks – another reason why attention will be focused on the GLDY launch.

What Works for Tokenized Yield-Bearing Gold Also Applies to Bitcoin

What is effective for gold, as a demonstration of integrating yield-bearing products onto the blockchain, is equally applicable to Bitcoin.

Yield-bearing products have existed for some time, depending on the jurisdiction in which you reside. Nexo has been a pioneer in this area.

After a three-year hiatus with regulators that resulted in its prohibition from the US, Nexo made its return on 16 February.

Users can earn between 3% and 6.5%, although to maximize income, a portion of the yield must be accepted in NEXO tokens instead of ‘in kind’ (BTC).

There are also yield-bearing Bitcoin exchange-traded products available, provided your broker offers access, as many of the most innovative crypto ETF options originate from Europe.

For example, the 1Valour Bitcoin Physical Staking (1VBS) ETP offers a yield of only 1.4%. While this is below the US inflation rate of 2.4%, it is still preferable to having no yield at all.

Streamex GLDY is an ERC-20 token operating on the Base blockchain and can be found on the real-world assets exchange RWA.xyz. The token will commence trading on 25 February. The GLDY Litepaper is accessible on the project website.

The post Why Tokenized Yield-Bearing Gold Stablecoin GLDY Will be Great For Bitcoin appeared first on Cryptonews.