Streamex launches tokenized gold security GLDY, available for purchase through regular brokerage accounts
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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