Streamex Enables 3.5% Yield Gold Token in Brokerage Accounts
STEX•On June 29 Streamex enabled its gold-backed tokenized security GLDY to be bought through Siebert Financial brokerage accounts, custodied by tZERO and targeted at accredited investors. GLDY delivers up to 3.5% annual yield paid monthly in additional gold and taps into the $13 trillion global gold market.
1. Brokerage Distribution
On June 29 Streamex announced that its gold-backed token GLDY can now be purchased through Siebert Financial brokerage accounts. Siebert, a FINRA-member broker with roughly $20 billion in client assets, handles distribution while tZERO provides regulated custody, making GLDY available alongside stocks and bonds for accredited investors.
2. Yield Structure
GLDY pays up to roughly 3.5% annual yield, distributed monthly in additional gold ounces. The yield is generated by lending the underlying metal to commercial users such as jewellers, mints and refiners, allowing holders to accumulate more gold over time without physical storage or traditional fund fees.
3. Expansion Roadmap
This brokerage channel is the latest in Streamex’s plan to broaden access to digital commodities. After launching GLDY in February and adding 24/7 trading on Solana in May, the company aims to open a retail version for everyday investors, offering the same yield and self-custody options through mobile and desktop platforms.
