Streamex’s GLDY Secures 3.5% Annual Gold Yield Under CLARITY Framework
Streamex’s tokenized GLDY product offers a 3.5% annual yield paid in gold, underpinned by gold leasing activity, and is structured as a security outside proposed CLARITY Act restrictions. The company anticipates GLDY’s design aligning with traditional financial standards will shield it from passive-yield prohibitions in the draft legislation.
1. GLDY Product Structure
GLDY is structured as a tokenized security backed by real-world gold assets, offering a 3.5% annual yield paid in gold. The yield derives from underlying gold leasing activities rather than passive balance-based rewards, aligning returns with tangible economic operations.
2. Regulatory Context and CLARITY Act Draft
Drafts of the CLARITY Act propose prohibiting passive yield from stablecoin holdings, but GLDY’s classification as a security places it outside these restrictions. The product’s design aligns with traditional financial standards and aims to meet emerging regulatory definitions that differentiate asset-backed securities from deposit-like instruments.
3. Strategic Positioning and Outlook
Streamex anticipates that GLDY’s compliance-focused structure will attract institutional investors seeking regulated yield-bearing products. Increased regulatory clarity may enhance market confidence in GLDY, supporting the company’s growth strategy in tokenized commodity markets.