Tokenized Gold-Backed Security Now on $20B Brokerage — No Wallet Needed
For years, the idea of buying a tokenized gold-backed security through a standard brokerage account existed mostly as a conference talking point. Streame | Bitget crypto news!
➤ Streamex Corp.'s GLDY, a gold-backed, yield-bearing tokenized security, is now available through Siebert Financial Corp.'s $20B brokerage platform, eliminating the need for crypto wallets. ➤ GLDY offers investors up to a 3.5% annualized yield paid in gold via a gold leasing mechanism, aiming to combine gold's store-of-value with income generation. ➤ The offering leverages existing traditional finance infrastructure, with Siebert handling distribution and tZERO providing regulated custody, simplifying access for mainstream investors.
