This NASDAQ Company Pays You 3.5% to Hold Gold | Henry McPhie

This NASDAQ Company Pays You 3.5% to Hold Gold | Henry McPhie

From Proof of Coverage by Proof of Coverage

March 2, 2026 · 31 min

About this episode

In this episode, Connor talks with Henry McPhie about the launch of a gold-backed token that offers a yield to its holders.

Follow Proof of Coverage Media: https://x.com/Proof_Coverage Follow Henry McPhie: https://x.com/henrymcphie_ In this episode, Connor talks with Henry McPhie, co-founder and CEO of Streamex (NASDAQ: STEX), about bringing the gold market on-chain through regulated tokenization. They discuss the launch of GLDY, a yield-bearing gold-backed token that pays holders 3.5% APY through gold leasing, how it stacks up against Tether Gold and Pax Gold, Streamex's revenue model, and the roadmap to tokenize silver, copper, oil & gas, and beyond. Timestamps: 02:05 - Launch Day Overview 03:07 - How Gold Yield Works 04:43 - Risk and Insurance Layers 06:13 - Chains and Early Demand 07:33 - Bitcoin Vs Gold 09:16 - Henry's Origin Story 11:49 - Why Go Public 13:38 - Team and Advisors 16:50 - Treasury and Seeding Liquidity 18:43 - Revenue Model Breakdown 22:42 - GLDY Versus Other Gold Tokens 27:58 - Retail and Institutional Access 30:04 - Where to Learn More Disclaimer: The hosts and the firms they represent may hold stakes in the companies mentioned in this podcast. None of this is financial advice.

People in this episode

Host: Connor

Guest: Henry McPhie

Topics covered

  • gold market
  • tokenization
  • yield-bearing tokens
  • financial technology
  • investment strategies

Keywords

  • gold
  • tokenization
  • yield
  • Streamex
  • GLDY
  • financial advice

Mentioned in this episode

Organizations: Streamex, NASDAQ

Products: GLDY, Tether Gold, Pax Gold

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