#Streamex
3 articles tagged #Streamex — curated RWA tokenization coverage.
7.5
Commodities
finance.yahoo.com·Jul 2
Siebert Expands Access to Tokenized Securities Through New Collaboration with tZERO and Streamex
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.
8.5
Commodities
Streamex's GLDY: Broker Access to Yield-Bearing Tokenized Gold
Streamex Corp. has expanded the distribution of its gold-backed, yield-bearing token, GLDY, through a strategic partnership with Siebert Financial Corp. and tZERO Group Inc. This integration allows accredited investors to purchase and hold GLDY within standard brokerage accounts, effectively removing the requirement for specialized cryptocurrency wallets or complex onboarding processes. Unlike traditional gold ETFs that often charge management fees, GLDY generates up to 3.5% annualized yield by leasing allocated physical gold to commercial counterparties. The tokens represent non-voting shares in a special purpose vehicle, with each unit backed one-to-one by troy ounces of physical gold. By leveraging Siebert's $20 billion in assets, Streamex is bridging the gap between traditional wealth management and blockchain-based assets. This development is significant for the RWA market as it demonstrates a scalable model for integrating tokenized securities into existing capital markets infrastructure. The move addresses institutional barriers such as custody, insurance, and the lack of yield in conventional gold holdings, signaling a shift toward more accessible, income-producing digital commodities.
7.0
Commodities
Orca, Streamex roll out secondary trading infrastructure for tokenized securities
Streamex 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.