Orca, Streamex roll out secondary trading infrastructure for tokenized securities

RWA Signal Insight
CommoditiesStreamex and Orca have launched a secondary trading infrastructure on the Solana blockchain to facilitate the buying and selling of the gold-backed GLDY token. This initiative utilizes permissioned liquidity pools that integrate Streamex’s KYC and accreditation processes directly onchain, ensuring that only verified investors can participate. By restricting access to approved wallets while maintaining 24/7 trading capabilities, the platform addresses the critical need for liquidity in regulated digital assets. The system ensures compliance by updating investor eligibility data in real time, preventing unauthorized access to the pools. Neither Streamex nor Orca acts as a broker, positioning the infrastructure as a decentralized yet compliant model for secondary market activity. This development is significant for the RWA market as it demonstrates a scalable framework that could be applied to other tokenized assets, including stocks, bonds, and real estate. As the tokenized RWA market reaches approximately $34 billion, such infrastructure is essential for bridging the gap between traditional financial assets and blockchain-based trading environments.
Key points
- Streamex and Orca launched Solana-based permissioned liquidity pools for the gold-backed GLDY token.
- Trading infrastructure restricts access to verified accredited investors via real-time onchain KYC checks.
- Orca’s automated market maker has processed over $500 billion in cumulative trading volume.
- The model aims to support secondary market liquidity for future tokenized stocks and real estate.
Background
Streamex is a platform focused on the tokenization of commodities, enabling digital ownership of physical assets like gold. Orca is a prominent decentralized exchange (DEX) built on the Solana blockchain, utilizing an automated market maker (AMM) model to facilitate high-speed, low-cost token swaps.