Streamex Introduces 24/7 Digital Gold Trading Infrastructure
Streamex Corp. (NASDAQ: STEX) has expanded access to tokenized gold by moving its gold-backed token onto mainstream brokerage accounts, enabling 24/7 trading. The company’s gold token $GLDY trades around the clock on the Solana blockchain through a regulated liquidity pool on the decentralized exchange Orca, which launched in May. This infrastructure allows traders to act on gold price movements immediately, even when traditional markets are closed.
The June 29 announcement, made in collaboration with FINRA-member broker Siebert Financial and regulated platform tZERO, provides institutional investors with access. However, Streamex has signaled that a retail version of digital gold is in development, expected to launch in the coming months. This retail-focused token will trade across multiple decentralized exchanges on Solana, including Jupiter, Meteora, and Orca, allowing everyday investors to trade the commodity from anywhere via any connected device.
‘Markets close; gold doesn’t stop moving. We think the natural home for an asset that trades on global sentiment is a market that’s open whenever that sentiment shifts, including nights, weekends and holidays. Bringing commodities onto accessible rails that never close is a part of our mission,’ said Henry McPhie, Co-Founder and CEO of Streamex.
The current $GLDY token is a regulated security available only to verified accredited investors under Rule 506(c) of Regulation D. The upcoming retail product is a separate offering aimed at a broader global audience and is expected to pay an annual yield of up to approximately 3.5%. Users will be able to manage their assets via popular on-chain wallets like Phantom, Solflare, or Backpack.
Tokenized gold has become one of the most actively traded categories in digital assets, with a growing share of activity occurring outside traditional hours due to the always-open nature of on-chain venues. Streamex’s initiative positions the company to capture traders seeking 24/7 access to gold, mirroring the continuous trading rhythm common in cryptocurrency markets.
Source: https://news.bitcoin.com/streamex-introduces-24-7-digital-gold-trading-infrastructure/