Streamex launches tokenized gold security GLDY, available for purchase through regular brokerage accounts

According to Odaily, Streamex Corp. announced that its gold-backed, tokenized yield-bearing security GLDY can now be purchased through standard brokerage accounts. The product is distributed by FINRA-member broker Siebert Financial, custodied by regulated digital securities platform tZERO, and issued by Streamex to qualified investors.

The annualized yield for GLDY is up to approximately 3.5%, distributed monthly in the form of additional gold. The yield comes from lending the underlying metal to commercial users such as jewelers, mints, and refiners. Streamex stated that GLDY was launched in February and, since May, has been available for 24/7 secondary trading via the Solana decentralized exchange Orca.

Currently, GLDY is available only as a regulated security to verified qualified investors. Streamex is developing a tokenization platform for real-world assets and plans to launch a digital gold product for retail investors, expected to be tradable on decentralized exchanges such as Jupiter, Meteora, and Orca.