Siebert Expands Access to Tokenized Securities Through New Collaboration with tZERO and Streamex
Commodities
Siebert Financial Corp. has announced a strategic collaboration with tZERO Group and Streamex Corp. to distribute the gold-backed, yield-bearing tokenized security known as GLDY. This initiative allows eligible accredited and institutional investors to access GLDY through Siebert’s established wealth management and brokerage channels, bypassing the need for direct blockchain expertise or separate crypto onboarding. The offering is structured as a private placement under Reg. D Rule 506(c), ensuring compliance within a regulated framework. tZERO provides the essential digital securities infrastructure, including custody, secondary market support, and lifecycle services, to facilitate this integration. By bridging traditional brokerage services with blockchain-enabled assets, the partnership aims to normalize the adoption of tokenized securities for mainstream investors. This development marks a significant step in the evolution of market infrastructure, as traditional financial institutions increasingly adopt regulated digital platforms to offer emerging asset classes. The collaboration underscores a broader industry shift toward integrating blockchain technology into familiar, trusted financial environments.
Key points
- ▸Siebert Financial will distribute Streamex’s gold-backed GLDY token to accredited and institutional investors.
- ▸tZERO provides the regulated infrastructure for custody, compliance, and secondary market trading.
- ▸The offering is conducted as a private placement under Reg. D Rule 506(c).
- ▸Investors can purchase GLDY through traditional brokerage accounts without direct blockchain interaction.
Background
Siebert Financial Corp. is a diversified financial services firm and a long-standing member of the NYSE, providing brokerage, advisory, and corporate stock plan services. tZERO Group is a technology firm that builds regulated digital securities infrastructure, enabling traditional financial institutions to issue, trade, and manage tokenized assets within a compliant framework.
Relevance
7.5/10