Tokenized Gold-Backed Security Now on $20B Brokerage — No Wallet Needed

RWA Signal Insight
CommoditiesStreamex Corp. has launched GLDY, a gold-backed, yield-bearing security that allows investors to gain exposure to physical gold through traditional brokerage accounts. By partnering with Siebert Financial Corp., a FINRA-registered broker-dealer managing $20 billion in assets, the offering eliminates the need for crypto wallets or blockchain-specific onboarding. The GLDY token distinguishes itself by providing an annualized yield of up to 3.5%, generated through a gold leasing mechanism where the metal is lent to institutional participants. Custody of the assets is managed by tZERO Group, Inc., an SEC-registered and FINRA-member platform, ensuring institutional-grade security. This collaboration is significant because it replicates the traditional separation of distribution and custody, allowing brokers to offer tokenized assets alongside stocks and bonds. By removing technical barriers, the model targets mainstream wealth management clients who previously avoided crypto-native platforms. This development represents a shift toward integrating tokenized real-world assets into existing financial infrastructure rather than relying on decentralized protocols. Ultimately, the success of this initiative could establish a scalable template for how tokenized commodities reach institutional and retail capital markets.
Key points
- GLDY tokens offer up to 3.5% annualized yield paid in additional physical gold.
- Siebert Financial Corp. provides distribution to its $20 billion client base via brokerage accounts.
- tZERO Group, Inc. acts as the SEC-registered custodian for all GLDY digital securities.
- The model requires no crypto wallets, private keys, or blockchain-native onboarding for investors.
Background
tZERO is a regulated digital securities platform that provides institutional-grade custody and trading infrastructure for tokenized assets. It operates under SEC registration and FINRA membership to bridge the gap between traditional finance and blockchain technology. By acting as a custodian, tZERO allows traditional investors to hold digital assets within a familiar, compliant regulatory framework.