Streamex Corp. appoints Kori Handy as Vice President of Product and Design to enhance user experience and product strategy.
Quiver AI Summary
Streamex Corp., a tech company focused on tokenizing real-world assets, has appointed Kori Handy as its new Vice President of Product and Design. Handy brings 18 years of experience in fintech and SaaS, having scaled platforms that collectively managed over $2 billion in assets and served more than 200 million users. His expertise lies in creating user-friendly financial systems and driving product growth through design-led strategies. At Streamex, he will enhance the user experience for their GLDY product, a gold-backed tokenized security, and lead efforts to develop new financial products. Co-Founder and CEO Henry McPhie praised Handy's capacity for transforming complex systems into intuitive experiences. Handy expressed enthusiasm for creating a top-tier user experience that simplifies the interaction with real-world assets through advanced technology.
Potential Positives
- The appointment of Kori Handy as Vice President of Product and Design signifies a strategic move to enhance product strategy and customer experience, essential for the company's growth trajectory.
- Kori's extensive experience in scaling fintech platforms, with a proven track record of driving significant increases in activation rates and assets under management, is likely to bring measurable business outcomes for Streamex.
- This leadership change comes at a pivotal moment as Streamex transitions from infrastructure buildout to platform scale, indicating an impending expansion in product offerings to mass-market investors.
- The focus on creating a seamless user experience for GLDY, Streamex’s gold-backed tokenized product, suggests the company's commitment to accessible and intuitive financial solutions, which could enhance customer trust and engagement.
Potential Negatives
- The press release emphasizes the pivotal moment in the company’s growth trajectory, which may indicate previous struggles or instability that necessitated a significant leadership change.
- While the appointment of Kori Handy is notable, it raises questions about the company’s previous product leadership performance and whether earlier strategies failed to meet expectations.
- The forward-looking statements included highlight potential risks and uncertainties affecting the company, suggesting that their future growth may not be as assured as presented.
FAQ
Who is Kori Handy?
Kori Handy is the newly appointed Vice President of Product and Design at Streamex, bringing 18 years of fintech experience.
What experience does Kori Handy bring to Streamex?
Kori Handy has a proven track record of scaling fintech and SaaS platforms, overseeing over $2B in assets under management.
What will Kori Handy's role involve at Streamex?
Kori will lead the evolution of the GLDY user experience, product strategy, and the launch of new financial products.
What is GLDY at Streamex?
GLDY is a gold-backed, yield-bearing tokenized security that aims to redefine investor interactions with real-world assets.
How is Streamex transforming financial experiences?
Streamex focuses on creating intuitive, accessible experiences for investing in tokenized assets through innovative product design.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$STEX Insider Trading Activity
$STEX insiders have traded $STEX stock on the open market 17 times in the past 6 months. Of those trades, 12 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $STEX stock by insiders over the last 6 months:
- FRANK GIUSTRA has made 2 purchases buying 1,100,000 shares for an estimated $3,317,000 and 0 sales.
- MORGAN LEE LEKSTROM (Interim Executive Chairman) has made 9 purchases buying 262,500 shares for an estimated $505,804 and 1 sale selling 12,759 shares for an estimated $13,652.
- MITCHELL YOUNG WILLIAMS (Chief Investment Officer) has made 1 purchase buying 51,511 shares for an estimated $155,851 and 1 sale selling 263,863 shares for an estimated $209,718.
- KARL HENRY MICHAEL MCPHIE (CEO) sold 30,611 shares for an estimated $32,753
- CHRISTINE MARIE PLUMMER (Chief Financial Officer) has made 0 purchases and 2 sales selling 13,503 shares for an estimated $14,765.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$STEX Hedge Fund Activity
We have seen 46 institutional investors add shares of $STEX stock to their portfolio, and 21 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- YORKVILLE ADVISORS GLOBAL, LP added 3,750,000 shares (+inf%) to their portfolio in Q1 2026, for an estimated $4,237,500
- BLACKROCK, INC. added 834,812 shares (+849.2%) to their portfolio in Q1 2026, for an estimated $943,337
- GEODE CAPITAL MANAGEMENT, LLC added 599,230 shares (+187.5%) to their portfolio in Q1 2026, for an estimated $677,129
- MARSHALL WACE, LLP added 476,397 shares (+787.1%) to their portfolio in Q1 2026, for an estimated $538,328
- SHAY CAPITAL LLC added 417,256 shares (+286.4%) to their portfolio in Q1 2026, for an estimated $471,499
- RENAISSANCE TECHNOLOGIES LLC added 401,604 shares (+inf%) to their portfolio in Q1 2026, for an estimated $453,812
- MILLENNIUM MANAGEMENT LLC added 383,582 shares (+112.7%) to their portfolio in Q1 2026, for an estimated $433,447
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$STEX Analyst Ratings
Wall Street analysts have issued reports on $STEX in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Needham issued a "Buy" rating on 05/21/2026
To track analyst ratings and price targets for $STEX, check out Quiver Quantitative's $STEX forecast page.
Full Release
WINTER PARK, Fla., May 26, 2026 (GLOBE NEWSWIRE) -- Streamex Corp. (“Streamex” or the “Company”) (NASDAQ: STEX) , a technology company building the tokenization ecosystem for all real-world assets beginning with commodities, today announced the appointment of Kori Handy as Vice President of Product and Design. Kori brings 18 years of experience scaling fintech and SaaS platforms from zero to $2B+ in assets under management and more than 200 million users, and joins Streamex at a pivotal moment in the Company’s growth trajectory.
Highlights
- Kori brings nearly two decades of product, design, and startup leadership experience building fintech and SaaS platforms used by more than 200 million people globally and helping scale businesses beyond $2B+ in assets under management. His work sits at the intersection of product vision, behavioral psychology, growth, and world-class design execution.
- Known for turning highly complex financial systems into intuitive, high-conviction user experiences, Kori has led transformative product redesigns and growth initiatives across some of the most recognized companies in fintech and technology, including Groundfloor, PayPal, DraftKings, Expedia, Agora, and Microsoft.
- Kori’s work has consistently translated into measurable business outcomes . At Groundfloor ($2.5B+ AUM), he led a complete redesign of the investing platform across web and mobile that drove a 32% increase in activation rates, a 27% increase in cash deposits, and record monthly AUM growth. At High Circle Banking, his product and design leadership helped drive double-digit millions in AUM within the first 12 months. Earlier in his career, he helped scale products reaching more than 1 million downloads and millions in ARR through design-led product strategy and execution.
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As Vice President of Product and Design, Kori will lead the evolution of the GLDY user experience and the broader Streamex ecosystem,
overseeing product strategy, customer experience, visual systems, and the launch of next-generation financial products designed to redefine how investors interact with tokenized real-world assets.
Kori joins Streamex with a reputation for building ambitious, design-first financial products that blend simplicity, trust, and performance at scale. Over the course of his career, he has led product and design initiatives across fintech, banking, investing, enterprise software, and consumer technology, helping companies accelerate growth, improve conversion, increase assets under management, and create category-defining user experiences. He is joining Streamex at a pivotal moment as the Company transitions from infrastructure buildout into platform scale and mass-market product expansion. With GLDY, Streamex’s gold-backed, yield-bearing tokenized security, continuing to expand into institutional and broader investor markets, the Company is now focused on building an experience that makes sophisticated financial infrastructure feel effortless, intuitive, and globally accessible.
At Streamex, Kori will lead a comprehensive product transformation across the GLDY ecosystem and future product suite. His responsibilities will include product strategy, customer experience, design systems, brand direction, onboarding optimization, and the development of new investor-facing financial products.
Henry McPhie, Co-Founder & Chief Executive Officer of Streamex, said:
“Kori brings a rare combination of product vision, startup intensity, and elite design execution. He understands how to take highly complex financial infrastructure and turn it into experiences that feel simple, premium, and deeply intuitive. His work has consistently driven measurable business growth, from activation and retention to AUM expansion and customer trust. As we scale GLDY and introduce the next generation of tokenized financial products, Kori will play a major role in shaping how the world experiences modern digital assets.”
Kori Handy, Vice President of Product and Design, said:
“Streamex is building one of the most exciting financial products I’ve seen in years, a regulated, yield-bearing commodity product backed by real infrastructure, real liquidity, and real utility. What excites me most is the opportunity to humanize that complexity and create an experience that feels world-class, trustworthy, and incredibly easy to use.
I’ve always believed the future belongs to companies that can take powerful technology and make it feel simple, emotional, and accessible to everyday people. That’s what we’re building here. We’re not just designing another fintech product, we’re designing the future experience of owning and interacting with real-world assets on-chain.”
Background
Kori most recently served as Product Design Leader at Groundfloor, the award-winning real estate investing platform with more than $2.5B in AUM and over 280,000 investors. There, he led a full redesign across web and mobile platforms, modernizing the customer experience and driving significant gains in onboarding, deposits, retention, and overall investor engagement.
Prior to Groundfloor, he served as Head of Product Design at High Circle Banking, where he helped conceptualize and launch a premium banking and investing platform tailored to high-net-worth individuals. The platform scaled to double-digit millions in AUM within its first year.
Kori is also a repeat founder and operator. He founded Kepler Savings, a retirement fintech platform focused on helping hourly and contract workers build long-term wealth through payroll-linked investing experiences. The company gained early traction with enterprise brands including Taco Bell, KFC, and Wendy’s, scaled rapidly in ARR growth, and attracted backing from investors and executives associated with Salesforce, Amazon, Microsoft, and Google.
Earlier in his career, Kori founded Design First Apps, a product studio later acquired by a private equity firm after launching multiple globally featured applications that generated more than 2 million downloads and received over 40 Apple editorial features.
Throughout his career, Kori has become known for combining deep systems thinking with high-end product craftsmanship, helping companies bridge the gap between sophisticated financial infrastructure and human-centered user experiences.
About Streamex Corp.
Streamex Corp. (NASDAQ: STEX) is a technology company focused on the tokenization and digitalization of commodity real-world assets. Streamex delivers institutional-grade solutions that bridge traditional finance and blockchain-enabled markets through secure, regulated, and yield-bearing financial instruments.
For more information, visit www.streamex.com .
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Streamex’s product development strategy, platform capabilities, growth initiatives, and GLDY’s expected performance and adoption. These statements are based on current expectations and assumptions that are subject to risks and uncertainties, many of which are beyond Streamex’s control, and actual results may differ materially. Factors that could cause such differences include, among others, market conditions, regulatory developments, and macroeconomic factors affecting digital asset markets. A discussion of these and other factors is set forth in Streamex’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K, as may be supplemented or updated by Streamex’s Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Streamex undertakes no obligation to update or revise any forward-looking statements except as required by applicable law.
Contacts
Streamex Press & Investor Relations
Adele Carey – Alliance Advisors Investor Relations
[email protected]
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[email protected]
Henry McPhie
Chief Executive Officer, Streamex Corp.
www.streamex.com
| X.com/streamex