Siebert Expands Into Tokenized Securities Through tZERO's End-to-End Digital Markets Infrastructure

RWA Signal Insight
InfrastructureMuriel Siebert & Co., a broker-dealer managing approximately $20 billion in assets, has partnered with tZERO to integrate blockchain-based infrastructure for tokenized securities. This collaboration allows Siebert to offer end-to-end digital asset services, including investor onboarding, compliance, custody, and secondary market trading. By leveraging tZERO’s regulated technology stack, Siebert avoids the need to build proprietary digital asset capabilities from the ground up. The partnership’s first initiative involves supporting the private placement of GLDY, a gold-backed, yield-bearing tokenized security issued by Streamex Ltd. under Rule 506(c) of Regulation D. This move highlights a broader trend of established financial institutions adopting turnkey, compliant blockchain infrastructure to enter the digital capital markets. The integration signifies a shift toward institutional-grade, regulated platforms that bridge traditional brokerage experiences with the efficiency of tokenization. Ultimately, this partnership validates the demand for integrated, compliant solutions that enable traditional firms to modernize their offerings while maintaining regulatory standards.
Key points
- Muriel Siebert & Co. manages approximately $20 billion in assets.
- tZERO provides full-stack infrastructure for issuance, custody, and trading.
- The partnership debuts with Streamex Ltd.’s gold-backed GLDY token.
- Offerings utilize Rule 506(c) for accredited investor access.
Background
tZERO is a financial technology firm that provides a regulated, end-to-end infrastructure platform for the issuance, custody, and secondary trading of digital securities. It operates as an alternative trading system (ATS) and broker-dealer, aiming to bridge the gap between traditional capital markets and blockchain technology. By offering a turnkey solution, tZERO enables financial institutions to digitize assets without managing the underlying blockchain complexity.