Amsterdam, Netherlands, July 8th, 2026, FinanceWire

iLedgends B.V., a Dutch-regulated Electronic Money Institution (EMI) serving compliance-focused industries, announces its rebrand to emoni, the new brand name of the iLedgends group.  

The new name reflects the company’s continued evolution as a specialist payments partner for businesses operating in regulated and complex sectors. An all-in-one platform to manage all your finances.  

A Name Built on Trust 

The name emoni is inspired by values shared across cultures, where it is associated with faith, trust, and confidence, principles that sit at the centre of the company’s client relationships. 

“Trust is built over time through consistency and transparency,” said Eran ten Napel, Founder and CEO of emoni “Our clients depend on us for critical payment infrastructure. The name emoni reflects the responsibility we carry and the long-term relationships we build.” 

A Strategic Milestone in the Company’s Growth 

Founded in 2022 as iLedgends, the company has developed a strong position as a payment’s infrastructure provider for compliance-intensive businesses in need of a unified platform for managing different payments. 

“Changing our name is not about changing who we are,” added ten Napel. “It is about better reflecting what we have become. We built this company to support businesses that need secure and reliable payment infrastructure to grow. emoni reflects that maturity and clarity of purpose.” 

Regulated in the Netherlands 

emoni operates under a Dutch Electronic Money Institution license and is supervised by De Nederlandsche Bank. 

This regulatory framework provides clients with the assurance that emoni operates under one of Europe’s most established financial supervisory regimes, with strict standards for compliance, safeguarding, and risk management. 

Through its EMI license, emoni offers dedicated IBAN accounts, international payment capabilities, multi-currency solutions, and onboarding processes designed for complex and regulated business models. 

Addressing Growing Challenges in Access to Payments 

Businesses in regulated industries are increasingly facing challenges when accessing banking and payment services. As compliance requirements rise, onboarding processes are becoming more detailed and time-consuming. 

De Nederlandsche Bank has noted that legitimate businesses can face difficulties accessing payment services and has stressed the importance of assessing companies based on their individual risk profile rather than applying broad restrictions by sector (DNB, 2022). 

emoni was built to address this gap by combining strong compliance standards with a detailed understanding of complex business models and payment flows. 

Built for Specialist Industries 

emoni supports businesses operating in sectors that require deeper payment and compliance expertise, including CFD brokers and other regulated financial service providers. 

These businesses depend on payment infrastructure that is fast, reliable, and built around their operational needs. 

“Our approach is based on understanding how our clients operate,” said ten Napel “We design compliance frameworks around real business models, which allows us to support clients safely and at scale.” 

Built on Trust. Designed to Scale. 

Under its new brand, emoni continues to focus on providing secure and scalable payment infrastructure for international businesses operating in regulated environments. 

The company provides: 

• Dedicated IBAN accounts under a Dutch EMI license 
• Global and local payment rails 
• Multi-currency solutions 
• Tailored payment infrastructure for specialised industries 
• Specialist compliance onboarding and risk assessment 
• Scalable payment solutions for international businesses 
• The security of a payment partner supervised by DNB 

About emoni 

emoni is a Dutch-regulated Electronic Money Institution providing secure and scalable payment solutions for compliance-focused businesses. Licensed and supervised by De Nederlandsche Bank, emoni supports businesses operating in regulated and specialist sectors through tailored payment infrastructure, robust compliance frameworks, and reliable banking solutions designed for growth. 

At its core, emoni is built on trust. In an increasingly complex regulatory environment, businesses need more than access to payments, they need a partner that understands their industry, manages risk effectively, and supports long-term stability. 

emoni combines regulatory strength, operational expertise, and sector knowledge to help clients navigate evolving compliance requirements while maintaining access to reliable global payment infrastructure. 

As expectations across the financial sector continue to evolve, emoni remains committed to delivering secure, scalable, and compliant payment solutions for businesses worldwide. 

References:  

De Nederlandsche Bank. (2022, December 15). Het MOB zet zich in om ongewenste neveneffecten van de-risking aan te pakken. De Nederlandsche Bank. https://www.dnb.nl/nieuws-voor-de-sector/toezicht-2022/het-mob-zet-zich-in-om-ongewenste-neveneffecten-van-de-risking-aan-te-pakken/ 

Contact

Chloe Denise Munro
www.emoni.io
chloe.m@emoni.io

Streamex announced that an independent examination confirmed the physical gold backing its GLDY token exceeds all outstanding tokens. The company expects to publish monthly reserve attestations to independently verify its holdings.

Canada, 8th Jul 2026 – Global Stocks News – Sponsored content disseminated on behalf of Streamex Corp. On July 1, 2026 Streamex (NASDAQ: STEX) announced that EisnerAmper LLP, an independent registered public accounting firm, had completed its first independent examination of the reserves backing GLDY, the company’s gold-backed, yield-bearing tokenized security.

Streamex is a technology company building a digital ecosystem for all Real-World Assets (RWAs), beginning with commodities. GLDY – a bullion-backed yield-bearing financial gold product is the company’s inaugural security.

Highlights from the July 1, 2026 press release:

• Every GLDY token is independently verified to be backed by real gold. EisnerAmper LLP, a nationally recognized independent accounting firm, has completed an examination confirming that GLDY gold reserves meet or exceed 100% of all outstanding tokens, delivering the rigorous, third-party verification that institutional investors require.
• This is the first of what will be monthly attestations, conducted on an ongoing basis. Streamex is committed to providing independent reserve verifications every month going forward, giving investors recurring, auditor-confirmed proof that the gold backing every GLDY token is real and fully accounted for.

Streamex reported: GLDY redeemable tokens outstanding: 3,064.674268; Total redemption assets: 3,064.915910 fine troy ounces of gold; Surplus: 0.2416423 fine troy ounces; Asset-backing coverage: ≥100%; Examiner’s opinion: Unmodified

EisnerAmper is one of the largest US accounting, tax, and business advisory firms, with more than 4,500 professionals working in offices around the globe. It provides services for banks, construction companies, educational institutions, factories, hospitals and digital assets companies.

“Blockchain technology continues to drive innovation for businesses, digital assets, funds, not-for-profits and investors,” states EisnerAmper, “While many of us recognize the opportunities that distributed ledger technologies and digital currencies provide, we also understand the growing demand for increased transparency and in-depth financial reporting.”

“Investors increasingly expect on-chain transparency to be matched by rigorous, independent assurance from a recognized accounting firm, and that is exactly what this milestone delivers,” stated Henry McPhie, the CEO of Streamex, in the July 1 press release.

When you purchase one GLDY, Streamex buys an ounce of gold and backs GLDY with it. One GLDY token represents an ounce of physical London Bullion Market Association (LBMA) certified gold bullion.

The GLDY yield is generated with gold leasing through Streamex’s exclusive partner, Monetary Metals – which has metal leasing contracts with a network of precious metals companies, including a $4.5 billion publicly traded jewelry company with 6,000 stores worldwide.

India accounts for 25-30% of global gold jewelry sales. The industry requires about 1,100 tonnes of pure gold every year, worth US$140 billion.  Gold buying in India peaks during major Hindu festivals: Dhanteras (October/November) and the peak wedding season (November-February & April-May).

Gold leasing supports yield because jewelers and precious-metals businesses need access to physical gold inventory without wanting full exposure to spot-price movement

“Jewelers want to book their 15–20% manufacturer’s margin without fretting about the spot price of gold,” Henry McPhie, the CEO of Streamex, told Guy Bennett, the CEO of Global Stocks News (GSN). “Jewelry inventory isn’t perishable, but it is time-sensitive in India. The partnership with Monetary Metals reduces risks for manufacturers and creates yield for GLDY holders.”

Going forward, Streamex intends to make each completed attestation available to investors as part of its broader commitment to independent, third-party verification of GLDY’s reserves.

On July 2, 2026, Streamex announced a collaboration with Siebert Financial Corp and tZERO Group to make GLDY, Streamex’s gold-backed, yield-bearing tokenized security, available for purchase through Siebert’s wealth management and institutional distribution channels.

“The biggest bottleneck has been the technology integration on the asset manager side,” confirmed McPhie on Mario Nawfal’s X roundtable livestream. “We work with a lot of regulated entities, broker-dealers and large family offices in the US. They want to know how they can take custody of the asset. How can they trade it? It should feel like something that they’ve interacted with before.”

“This partnership with Siebert removes friction. The investor doesn’t need to understand crypto. They know that they own gold and they’re getting yield on it. Conceptually, it’s no different than owning an ETF or individual equities. It’s just that it operates on blockchain rails, which makes it more efficient.”

“Independent verification is foundational to institutional trust,” stated McPhie in the July 1, 2026 press release. “Completing our first third-party reserve attestation for GLDY demonstrates that the gold backing every token is real, accounted for, and verifiable. We look forward to providing these attestations on an ongoing monthly basis as GLDY continues to scale.”

On July 07, 2026 Streamex announced that its board of directors had authorized a new share repurchase program, under which STEX may repurchase, from time to time, up to an aggregate of 10,000,000 shares of the Company’s common stock, par value $0.001 per share, at a price per share up to $2.00, over the next 12 months.

“We believe the Company’s current stock price does not reflect the infrastructure we have built or the opportunity in front of us, and this program gives us the flexibility to act on that view in a way that is directly beneficial to our shareholders,” stated Morgan Lekstrom, Executive Chairman of Streamex.

By repurchasing shares, Streamex reduces the total number of shares outstanding. 

Disclaimer: Streamex paid GSN C$1,750 for the research, creation and dissemination of this content.

Contact: guy.bennett@globalstocksnews.com

Full Disclaimer: Global Stocks News (GSN) researches and fact-checks diligently, but we cannot ensure our publications are free from error. Investing in publicly traded stocks is speculative and carries a high degree of risk. GSN makes no recommendation to purchase any individual stock. There may be forward-looking statements such as “project,” “anticipate,” “expect,” which are based on reasonable expectations, but these statements are imperfect predictors of future events. When compensation has been paid to GSN, the amount and nature of the compensation will be disclosed clearly.

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The post Streamex GLDY Clears Key Trust Milestone With First Independent Gold Reserve Attestation appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

Power Route Electric is expanding commercial EV charger and electrical services for Los Angeles businesses, HOAs, and multifamily properties. As the 2026 CALGreen code raises EV-ready requirements, the North Hills contractor helps owners add compliant charging and the panel capacity to support it.

North Hills, California, United States, 8th Jul 2026 – Power Route Electric, a licensed and insured electrical contractor based in North Hills, is expanding its commercial electric vehicle charging and electrical infrastructure services for businesses, homeowners associations, and multifamily properties across Los Angeles. The expansion targets a growing gap in the market: property owners who need to add EV charging but discover their existing electrical systems cannot support it without upgrades.

The timing follows a major regulatory shift. The 2025 CALGreen code took effect January 1, 2026, and it sharply raises EV-ready requirements for commercial and multifamily construction. Depending on parking configuration, some multifamily properties now must make up to 100 percent of parking spaces EV ready, and 25 percent of shared or common spaces must have full-power Level 2 chargers installed. For owners of existing buildings planning renovations or new charging, the practical result is more demand on the electrical system than many properties were built to handle.

Charging Installations Start With Electrical Capacity

Adding commercial EV chargers is rarely a simple plug-in. Level 2 and DC fast chargers draw significant power, and older commercial and multifamily buildings across Los Angeles often need panel upgrades, dedicated circuits, load calculations, and in some cases full electrical service upgrades before charging can be added safely. This is the core of Power Route Electric’s commercial work.

The company handles the full scope, from evaluating whether an existing panel can support the load, to obtaining permits, to installing the chargers and passing final inspection. Power Route Electric provides a two-year labor warranty on installations, and all work is backed by proper licensing and insurance.

Helping LA Owners Use Available Rebates

Cost is often the first barrier for commercial property owners. Los Angeles Department of Water and Power runs a Commercial EV Charger Rebate Program that offers rebates of up to $5,000 per Level 2 charger, with larger rebates available for DC fast chargers, and up to 80 charger rebates per property. Power Route Electric scopes installations so owners can pursue the rebates they qualify for while meeting program and code requirements.

“Most building owners we talk to know they need EV charging. What surprises them is that the charger is the easy part,” said Albert Castillo, owner of Power Route Electric. “The real work is making sure the panel, the service, and the circuits can carry the load safely. That is the electrical side, and it is what we do every day for commercial clients in Los Angeles.”

24/7 Commercial Electrical Support

Beyond EV charging, Power Route Electric provides commercial electrical services including panel and service upgrades, lighting and fixture installation, electrical repairs, and troubleshooting. The company offers 24/7 emergency service, which limits downtime for commercial clients when an electrical issue interrupts operations.

Serving Los Angeles Businesses and Property Owners

Power Route Electric serves North Hills, the San Fernando Valley, and the greater Los Angeles area. With more than a decade in business and over 500 completed projects, the company focuses on commercial and multifamily electrical work where safety, code compliance, and reliable power matter most.

Property owners and managers evaluating EV charging or electrical upgrades can review Power Route Electric’s commercial services at powerrouteelectric.com or call (818) 946-0399 for a consultation.

About Power Route Electric

Power Route Electric is a licensed and insured electrical contractor based in North Hills, serving Los Angeles, the San Fernando Valley, and surrounding communities. The company specializes in residential and commercial electrical services, including EV charger installation, panel upgrades, lighting, and electrical repairs, with a focus on safety, quality workmanship, and customer satisfaction.

Media Contact

Organization: Power Route Electric & Plumbing

Contact Person: Albert Castillo

Website: https://powerrouteelectric.com/

Email: Send Email

Contact Number: +18189460522

Address:9625 Orion Ave

City: North Hills

State: California

Country:United States

Release id:46899

The post Power Route Electric Expands Commercial EV Charging and Electrical Services in Los Angeles appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section