Streamex has partnered with Siebert Financial and tZERO to make its gold-backed tokenized security, GLDY, available through traditional brokerage accounts.
Under the collaboration, financial advisers at Siebert will be able to offer GLDY to eligible wealth management and institutional clients using the firm’s existing brokerage infrastructure. The security will be held in custody through tZERO’s regulated digital securities platform.
GLDY is a tokenized security backed by gold that also offers a yield generated through gold leasing. Streamex said investors can purchase the product through a standard brokerage account without requiring cryptocurrency wallets or blockchain onboarding.
Siebert oversees approximately $20 billion in assets under management and serves retail, wealth management, and institutional clients across the United States. The company said the partnership broadens access to GLDY through its advisory and institutional distribution network.
Streamex focuses on tokenizing commodity assets, while tZERO provides infrastructure for the issuance, custody, and trading of digital securities through regulated broker-dealer entities.
The collaboration expands the distribution channels for GLDY as firms continue to develop regulated investment products that combine traditional brokerage services with blockchain-based asset infrastructure.
