Streamex Is Getting Into The Silver Business Next

Mentioned:

Streamex wants to change the future of precious metals ownership through tokenization. And they’re coming after silver next.

What’s happening:

Streamex (NASDAQ: STEX) has publicly stated they plan to launch a tokenized silver product imminently

Why it matters:‍

This is the first time ever that Streamex will expand their business model beyond tokenizing physical gold bullion

Going deeper:‍

Streamex has also publicly stated that they will leverage their partnership with precious metals leasing company Monetary Metals to be able to generate a yield from their tokenized silver product for investors
Streamex just recently raised $40.25M USD in a new equity financing round that notably included billionaire mining entrepreneur and founder of Wheaton Precious Metals (NYSE: WPM) Frank Giustra investing $3M USD to add to his ownership stake

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