Streamex Corp.

Hello and welcome to StreamX first quarter 2026 business and quarterly update call. Please note that this call is being recorded. All lines have been placed on mute to prevent any background noise. All text questions will be placed on the webcast. If you would like to ask a question, please submit it using the Q&A button on the webcast. I'd now like to hand the call over to Adele Carey, Investor Relations. Please go ahead.

Thank you so much, and thank you, everyone, for joining. Welcome to StreamX Corp's first quarter 2026 earnings and corporate update call. I'm joined by Morgan Leckstrom, our Executive Chairman, Henry McPhee, our Chief Executive Officer, Christine Plummer, our Chief Financial Officer, and Mitch Williams, our Chief Investment Officer. A little housekeeping item before we begin. I'd like to remind everyone that today's call will contain forward-looking statements based on our current expectations and assumptions. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed today. Please refer to the cautionary language on slide two and three of today's presentation, as well as the risk factors detailed in our most recent Form 10-K and Form 10-Q files with the SEC. We will also reference certain non-GAAP financial measures during this call. Reconciliations to the most directly comparable GAAP measures are available in our filing and in the appendix to today's investor presentation deck. With that, I'll turn the call over to Morgan Lexham.

Thank you, Adele, and good afternoon, everyone. On behalf of the board and entire StreamX team, thank you for joining us today. This was the quarter StreamX went from preparation to proof. We launched our first product, paid our first dividend, retired all of our convertible to venture, and lined up an institutional partnership ecosystem that we believe positions the company to scale meaningfully from here. Today, I'll walk us through the StreamX value proposition, the market opportunity we're attacking, and the headline highlights coming soon. Christine, our CFO, will then take you through the Q1 financial results and balance sheet position. Mitch, our CIO, will cover GLDY, the product itself, and our operational update. And last but not least, Henry, our CEO, will close us out with a partnership ecosystem we've built, the roadmap ahead, our forward outlook, and how we're thinking about the path from here. Then I'll open it up to questions. Let's get into it. What is StreamX? For those new to this call and others that are familiar with StreamX, I want to recap our mission, model, and macro setup that positions StreamX as a growth stage, strong value proposition. The first question someone asks always is, what is StreamX? The answer is we are the entire tokenization ecosystem for real-world assets and securities. That is the technology front to back compliant and scalable. That is the strategic advantage coming into a time that everyone is actively moving to blockchain and tokenization. Freemex operates the technology infrastructure, issuance, custody integration, compliance, on-chain settlement distribution, and we are the issuer of the products that run on that infrastructure. We own the full ecosystem, and during this webinar, you'll see what additions we have made to accelerate that moat. What this means practically, every product we launch validates and strengthens the platform underneath it. And every new product on that platform compounds the value of the work that came before. We expect the marginal cost and time to launch each subsequent product to be meaningfully lower than the cost of issuing the first. Being the ecosystem that is ahead of the curve, investing in StreamX is investing in the compliant tokenized future exposure to the ecosystem that enabled it. we are the infrastructure for not only tokenizing commodities but the cutting edge for tokenizing of security real world assets and developing cutting edge compliant trading avenues our business model is a high margin capital light and fee driven model we generate revenues from tokenization fees technology use fees when trades occur and management fees we are not balance sheet intensive in the way a traditional asset manager or commodities firm would be As AUM scales across products, the platform scales with it. The market is moving fast, more and more into tokenization, and we're at the forefront. I want to walk you through what really is the tokenization opportunity. We speak about tokenization and what you may ask, well, how big is that market? I want to remind everyone to the future that we are building towards. Industry estimates from BCG and others project that tokenized real-world assets market at approximately $16 trillion by 2030. That is not a niche market. This is one of the largest infrastructure transitions underway anywhere in the financial services. The migration of settlement, custody, and distribution from legacy rails to blockchain-based rails. And commodities, a multi-trillion-dollar global market on their own, and among the asset classes best suited to move on-chain. They are standardized. They are physical. They have well-understood pricing mechanics. They're ideally suited to be wrapped in transparent programmable tokens. StreamX was built specifically for this opportunity and is taking advantage of it. I want to jump into the Q1 2026 highlights. This is a slide I want every shareholder listening today to take away from this call. Q1 was about proving the platform and loading the catalyst on both fronts, and we delivered on those. On the financial side, we closed the quarter with a strong cash and investment position of $45.85 million. Our comprehensive loss of $48.6 million for the three months ending in March 31st looks large in isolation, but I want to be very clear, that was actually inside the number that Be very clear with that. What's actually inside that number? $25.4 million was non-cash stock-based compensation. Another $12.2 million was non-cash acceleration of debt discount and issuing costs tied to the convertible, the venture, that we have now fully retired. Those are accounting figures. They are not cash leaving the business. Christine will also walk you through this in detail. On the product side, GLDY officially launched. the first two dividends 10.48 ounces of gold has been paid to holders nav has been tracking the gold price exactly as designed and our first independent attestation form is in progress the infrastructure is live it's audible and operating exactly as we built it to on distribution we have stood up an institutional partnership ecosystem across custody distribution liquidity secondary markets and derivatives. Henry will spend real time on this later. There are operational integrations with some of the most respected names in the digital asset and retirement custody space. So stay tuned to what he's going to say. Onboarding is restored. The KYC integration issues that slowed us and we spoke about out of the gate is resolved and new dedicated sales and service teams actively working through the backlog. And the catalyst calendar from here is concrete. GLBC, a tokenized gold product designed to be composable in DeFi, is the next launch. Silver SLBC, our silver product, has infrastructure ready. And we expect GLBYAM to grow with additional functionality coming online. The three numbers I want you to anchor on are on the right-hand side. $45.85 million in cash and investments. 3,096.6 ounces of GLDY AUM at quarter end, and 10.48 ounces distributed to holders as our first dividend. We've proven the model. Now we can scale it. With the strategic context set, I'll hand over to Christine to walk through our Q1 results, then to Henry to get into the meat of the exciting new updates and developments. Thank you, Christine.