Streamex Brings Gold With Yield Directly Into Your Brokerage Account

What Happened

Investors now have a way to own gold that pays them to hold it, and the ability to buy it through an ordinary brokerage account. Streamex Corp. (NASDAQ: STEX) said on June 29 that GLDY, its gold-backed, yield-bearing security, can be purchased through a standard brokerage relationship, in a collaboration with FINRA-member broker Siebert Financial and the regulated digital-securities platform tZERO.

The arrangement lets a Siebert broker offer digital gold ($GLDY) to a client the same way they would any stock or bond, with no crypto onboarding and no wallet required. Siebert, which oversees roughly $20 billion in client assets, handles distribution; tZERO custodies the asset on a regulated platform and is expected to provide secondary-market trading. For investors, the experience is meant to feel like adding any other instrument to a portfolio.

What sets $GLDY apart from a conventional gold holding is the payout. Most ways of owning gold cost the holder money, whether that is storage and insurance on physical bars or management fees on a fund. $GLDY pays a yield of up to roughly 3.5% per year, distributed monthly, and pays it in additional gold. The yield comes from lending the underlying metal to commercial users such as jewellers, mints and refiners, an established practice in the professional bullion market that individual investors have rarely been able to access.

“Gold has always been the asset you buy and forget. The point of $GLDY is that your gold can finally work for you, and now you can get it through the same broker you already use. That combination of a productive asset and a familiar way to buy it is what brings new investors in.” Henry McPhie, Co-Founder & CEO, Streamex

$GLDY is a regulated security offered to verified accredited investors, and the new channel reaches Siebert’s wealth-management and institutional clients. Investors interested in GLDY should visit the Streamex platform directly, or use a Siebert brokerage account and speak with a licensed representative to determine whether it suits their goals.

For Streamex, the brokerage launch is one step in a larger plan to bring digital commodities to a global audience. The company is building a tokenization platform for real-world assets, starting with commodities, and has said it intends to follow $GLDY with a retail version in the coming months that won’t require investor accreditation. That retail product is expected to pay the same yield as the accredited version, up to roughly 3.5% per year, so everyday buyers get the same compounding benefit that institutions do.

The backdrop helps explain the timing. Tokenized gold has been one of the fastest-growing corners of the digital-asset market, and the idea of gold that earns a return for its holder has drawn growing interest from investors who want a hard-asset hedge that also compounds. Distributing the new brokerage channel through a FINRA-member firm is a signal that the category is going mainstream.

For now, the takeaway for commodities investors and traders: there is a regulated, brokerage-accessible way to hold gold that adds to itself month after month, with a retail equivalent on the way.

This article is for general information only and is not investment, financial, legal or tax advice. GLDY is offered as a security to verified accredited investors under Rule 506(c) of Regulation D and is a restricted security; availability and suitability depend on an investor’s circumstances. Stated yields are variable, not guaranteed, and may change. References to a future retail product describe plans that are not yet available and are subject to change. Products may not be available in all jurisdictions. Streamex Corp. is a publicly traded company (NASDAQ: STEX); statements about future products are forward-looking and involve risk.

Market Context

You can now buy gold with yield, straight from a normal brokerage account.

For full information on digital gold with yield, visit Streamex

Why It Matters

The post Streamex Brings Gold with Yield Directly Into Your Brokerage Account appeared first on BeInCrypto.