Streamex Corp. has secured an initial $1 million institutional allocation to GLDY, its gold-backed token, through a strategy run by Metalayer Capital’s Aureon Relative Value Fund. The strategy uses GLDY as the long gold position and offsets it with short gold-linked perpetual futures, aiming to reduce sensitivity to gold-price movements while capturing GLDY’s targeted 3.5% annual yield. The allocation is a test of whether tokenized commodities can attract institutional buyers beyond accredited individual investors. Follow-on investments are anticipated but are not assured, and the remaining commitment is at the investor’s discretion. Metalayer was founded by former Two Sigma executives and also provides liquidity for GLDY on certain venues. Streamex has made six consecutive monthly distributions, most recently in September, and publishes its gold reserves through a Chainlink proof-of-reserves feed.