Streamex Slides Tokenized Gold Into Regular Brokerage Accounts, Vault Door Still Locked 🪙

Streamex Corp. (NASDAQ: STEX) said on June 29 that its gold-backed, tokenized yield-bearing security $GLDY can now be purchased through an ordinary brokerage account, marking another step in the company's push to bring digital commodities into mainstream investing channels. The rollout is intended to give investors exposure to the $13 trillion global gold market with features including yield, 24/7 markets and digital self-custody, distributed through established brokerage infrastructure.

The collaboration pairs Siebert Financial, a FINRA-member broker that oversees roughly $20 billion in client assets, with tZERO, a regulated digital-securities platform that custodies the asset, while Streamex issues $GLDY to accredited investors. The structure allows a Siebert broker to offer yield-bearing tokenized gold in the same conversation as any stock or bond, without crypto onboarding, wallets or prior blockchain knowledge.

$GLDY pays a yield of up to roughly 3.5% per year, distributed monthly in additional gold that is generated by lending the underlying metal to commercial users such as jewellers, mints and refiners. Because the yield is paid in more of the asset, holders' quantity of digital gold increases over time. "Our goal has always been to make gold something everyone can own, easily, in whatever form suits them. Putting $GLDY into a brokerage account is a major step toward that, because it meets traditional investors exactly where they already are. It's one of several moves we're making to bring digital commodities to a global audience," said Henry McPhie, Co-Founder & CEO of Streamex.

$GLDY launched in February, began distributing its monthly yield in additional gold shortly after, and in May gained round-the-clock secondary trading through the Solana decentralized exchange Orca. Each step has opened the asset to a new category of buyer, from direct purchasers to on-chain traders and now wealth-management and institutional clients served by a broker such as Siebert.

The product remains a regulated security available to verified accredited investors, with Streamex indicating further expansion steps as it works to broaden access to tokenized commodities.