Streamex and Orca Debut Solana-Based Trading for GLDY Token
Streamex and Orca have rolled out a Solana-based secondary trading platform for tokenized securities, starting with Streamexs GLDY token, a gold-backed, yield-bearing asset. This system enables accredited investors to trade GLDY through regulated onchain liquidity pools, designed to offer 24/7 market access while adhering to compliance requirements. The GLDY trading infrastructure leverages Orca‘s automated market maker (AMM) technology, which has reportedly processed over $500 billion in cumulative trading volume to date. Investor eligibility is controlled through Streamex’s KYC and accreditation processes, with wallets frozen until users complete identity verification. Eligibility data is updated in real time to ensure only approved participants can access the platform. Why This Matters The launch comes at a time when tokenized securities are gaining traction. GLDY, first introduced in February 2026, represents one fine troy ounce of physical gold and generates yield through gold leasing. Streamexs platform aims to address a critical challenge in the tokenized asset market: creating liquidity within a regulated framework. This development could set a precedent for other real-world asset (RWA) tokenization projects involving stocks, bonds, real estate, and commodities. As of May 27, 2026, GLDY is priced at $4,509.69 with a market cap of $13.88 million, according to CoinGecko. However, liquidity appears limited, with