Streamex enters LOI with Simplify Asset Management

Streamex (STEX) announced the signing of a letter of intent with Simplify Asset Management. The potential partnership intends to explore the integration of Streamex’s tokenized gold yield product within Simplify’s ETF structures and establish a framework to co-develop tokenized exchange-traded product/ETF solutions, subject to definitive agreements and regulatory approval. Under the terms of the letter of intent, Streamex and Simplify intend to collaborate to design, launch, and distribute products that integrate tokenized commodities, beginning with gold, into ETF and ETP vehicles. This effort aims to expand ETF innovation beyond traditional equities and fixed income, while providing scalable, blockchain-enabled access to yield-bearing precious metal strategies.Through this potential partnership, Streamex’s yield-bearing gold token may be embedded directly into Simplify’s ETFs, effectively bridging blockchain-based tokenization with the regulated ETF market. This integration is expected to create significant institutional demand for Streamex’s Gold Yield Token by providing ETF investors with direct exposure to yield-generating, tokenized gold assets within trusted, liquid, and regulated products.