Streamex Corp. (NASDAQ: STEX) has taken a significant step in democratizing access to gold by making its tokenized, yield-bearing gold security, $GLDY, available through traditional brokerage accounts. As of June 29, eligible investors can purchase $GLDY via Siebert Financial, a FINRA-member broker overseeing approximately $20 billion in client assets, without needing to navigate crypto wallets or blockchain technology.
How It Works
$GLDY is a regulated digital security that represents ownership of physical gold. Unlike traditional gold ETFs or physical bullion, $GLDY generates a yield of up to 3.5% per year, paid monthly in additional gold. This yield is derived from lending the underlying metal to commercial users such as jewelers, mints, and refiners. The result is that holders see their quantity of digital gold increase over time, effectively stacking more of the asset simply by holding it.
The collaboration involves three key players: Siebert Financial handles distribution, tZERO provides regulated custody of the digital asset, and Streamex issues $GLDY to accredited investors. This structure allows a Siebert broker to offer yield-bearing tokenized gold alongside stocks and bonds in a single conversation, with no crypto onboarding or blockchain knowledge required.
Expanding Access
This brokerage integration is the latest in a series of moves by Streamex to broaden access to digital commodities. $GLDY launched in February, began paying monthly yields shortly after, and in May gained 24/7 secondary trading on the Solana decentralized exchange Orca. Each step has opened the asset to a new category of buyer: first direct purchasers, then on-chain traders, and now wealth-management and institutional clients served by Siebert.
Currently, $GLDY is available only to verified accredited investors. However, Streamex has outlined plans to launch a retail version of digital gold that would trade on decentralized exchanges like Jupiter, Meteora, and Orca, allowing everyday investors to buy and sell from anywhere via mobile phone or laptop. This retail version is expected to offer the same yield, up to 3.5% annually.
Market Context
Tokenized gold has emerged as one of the fastest-growing categories in digital assets, attracting both crypto-native traders and conventional investors seeking a hard-asset hedge with income potential. Solana, the blockchain underpinning $GLDY, has seen its real-world asset (RWA) volume surge in 2026, with over 26 million active wallets recorded in late June. Solana's high-speed, low-fee infrastructure makes it well-suited for democratizing commodity access.
Streamex's dual approach—distributing through a regulated broker while building toward an open retail product—positions it to capture both traditional and crypto audiences. As Henry McPhie, Co-Founder & CEO of Streamex, stated, the goal is to make gold something everyone can own easily, in whatever form suits them.
Benefits Over Traditional Gold
Compared to physical gold, which requires storage and insurance costs, or gold ETFs, which charge management fees and trade only during market hours, $GLDY offers yield, 24/7 trading, and the option for digital self-custody. Investors can trade the asset permissionlessly without a broker, and the yield is paid in additional gold, compounding holdings over time.
For context on broader market trends, see our coverage of MEXC's June report showing $437B volume and expanded stock/ETF access, and Bitget's move to let crypto users buy US equities with USDC.
This article is for informational purposes only and does not constitute financial advice.
