STAC Merger & Equity Token
The STAC Business Combination
The Global Legacy Royalty Trust is in the process of merging with the Stable Coin Acquisition Company (STAC), an equity-driven acquisition vehicle purpose-built to bridge traditional mining royalty assets with the digital asset economy.
This business combination will create a uniquely positioned entity that holds both physical gold mining royalty interests and a digital asset treasury, enabling settlement in stablecoin, cryptocurrency, and gold-backed digital assets — making GLRT accessible to a global investor base.
The merger is expected to attract a substantial amount of capital, complementing the $200 million Tether Gold letter of credit and providing the Trust with the financial firepower to aggressively pursue its mining acquisition and development strategy.
Equity Token Structure
20 Million Equity Tokens
GLRT will issue 20 million equity tokens upon completion of the STAC merger, representing proportional beneficial interests in the Trust's mining royalties and asset portfolio.
LXUSD Stablecoin Holdings
The Trust will hold 20 million units of the LXUSD Stablecoin as part of its digital asset treasury strategy, providing liquidity and settlement capability within the GLRT ecosystem.
Global Settlement Infrastructure
The equity token structure enables global participation by investors, with settlement permissible in stablecoin, cryptocurrency, and gold-backed digital assets.
Capital Expansion Vehicle
The STAC merger is designed to attract a large amount of capital, supplementing the $200M Tether Gold letter of credit and accelerating the Trust's mining operations.
Merger Milestones
STAC Identification
GLRT identifies the Stable Coin Acquisition Company (STAC) as the strategic merger partner for digital asset integration.
Business Combination
GLRT and STAC execute a business combination agreement, merging the Trust's mining royalty assets with STAC's digital asset acquisition infrastructure.
Equity Token Issuance
Upon merger completion, 20 million equity tokens are issued to represent beneficial interests in the combined entity's assets and revenue streams.
Stablecoin Deployment
The Trust deploys 20 million LXUSD Stablecoins as treasury reserves, enabling digital asset-based settlement and investor participation.
Capital Deployment
Combined capital from the STAC merger and the Tether Gold letter of credit is deployed into Arizona mining operations and South American exploration.
Permissible Payment Mechanisms
GLRT accepts payment and settlement in the following digital asset categories, providing maximum flexibility for global investors and counterparties.
Stablecoin
USD-pegged stablecoins including LXUSD and other major stablecoins, providing price-stable settlement for all transactions.
Cryptocurrency
Major cryptocurrencies accepted as payment and investment currency, with conversion to stablecoin or gold-backed assets as required.
Gold-Backed Digital Assets
Gold-backed digital tokens including Tether Gold (XAUt) and similar instruments, directly aligned with GLRT's core gold mining operations.