Streamex Expands GLDY Access Through CNB Custody, Bridging Traditional Finance and Tokenized Gold

By The Building Texas Show•
Streamex Corp. (NASDAQ: STEX) has made its gold-backed, yield-bearing tokenized asset, GLDY, available for custody through CNB Custody, a move that could accelerate institutional adoption of tokenized commodities.

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Streamex Expands GLDY Access Through CNB Custody, Bridging Traditional Finance and Tokenized Gold

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, according to the company's announcement. For more details, view the full press release at https://ibn.fm/FnLDR.

CNB Custody serves more than 40,000 customers and holds over $5 billion in assets under custody. The addition expands the GLDY Access Network, which also 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.

This news matters because it signals a significant step in bridging traditional finance and blockchain-enabled markets. By making GLDY available through a bank custody platform, Streamex lowers the barriers for registered investment advisors and wealth managers who may have been hesitant to engage with tokenized assets due to custody concerns. The move could accelerate the adoption of tokenized commodities among mainstream investors, potentially leading to increased liquidity and market depth for GLDY.

For the Texas business community, this development highlights the state's growing role in financial innovation. Streamex, a publicly traded company on NASDAQ, is part of a broader ecosystem of technology and financial services firms that are driving economic impact in Texas. The company's focus on tokenization and digitalization of real-world assets aligns with the state's pro-business environment and could attract further investment and talent to the region.

The partnership with CNB Custody, a division of Community National Bank, also demonstrates how community banks are adapting to the digital asset era. By offering custody services for tokenized assets, CNB Custody positions itself as a forward-thinking institution that can serve the evolving needs of its clients. This could encourage other community banks to explore similar offerings, fostering a more inclusive financial system.

Streamex delivers institutional-grade solutions that bridge traditional finance and blockchain-enabled markets through secure, regulated, and yield-bearing financial instruments. The company's flagship asset, GLDY, combines the stability of gold with the efficiency of blockchain technology, offering investors a unique opportunity to gain exposure to gold while earning yield. As the GLDY Access Network expands, Streamex is well-positioned to capture a growing share of the tokenized asset market.

For readers, this announcement underscores the importance of staying informed about the convergence of traditional and digital finance. As more institutions embrace tokenization, the investment landscape is likely to evolve, creating new opportunities and challenges. By following developments like Streamex's expansion, investors and businesses can better navigate this changing environment.

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