Streamex Corp. (NASDAQ: STEX), a technology company focused on commodity tokenization, announced that GLDY, a non-tokenized share class of its gold-backed, yield-bearing tokenized asset, is now available for custody through CNB Custody, a division of Community National Bank. The arrangement enables registered investment advisors, wealth managers, and traditional finance investors to access GLDY through existing custody infrastructure. This development marks a significant step in bridging traditional finance and blockchain-enabled markets, as it allows a broader set of institutional investors to gain exposure to gold-backed digital assets without needing to navigate the complexities of direct token custody.
CNB Custody serves more than 40,000 customers and holds over $5 billion in assets under custody. By integrating GLDY into its platform, CNB Custody provides its clients with a familiar and regulated avenue to invest in a yield-bearing commodity token. The addition expands the GLDY Access Network, which already includes Inspira, Siebert, tZero, Anchorage, Coinbase Prime, and Orca. Streamex expects the expanded distribution network to support broader adoption of GLDY and growth in assets under management.
The implications of this announcement are substantial. For Streamex, it means increased visibility and credibility among traditional finance players, potentially leading to higher demand for GLDY and other tokenized commodities. For the broader market, it signals a growing acceptance of tokenized real-world assets as legitimate investment vehicles. As more custodians and financial institutions integrate such assets, the line between traditional and digital finance continues to blur, offering investors new opportunities for diversification and yield.
Streamex Corp. (NASDAQ: STEX) is a technology and infrastructure company focused on the tokenization and digitalization of commodity real-world assets. The company delivers institutional-grade solutions that bridge traditional finance and blockchain-enabled markets through secure, regulated, and yield-bearing financial instruments. For more information, visit www.streamex.com.
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