Streamex and Orca Build 24/7 Compliant Trading Pool for Gold-Backed Token GLDY on Solana

Accredited Investors Gain 24/7 Exit Liquidity as Streamex and Orca Launch GLDY Pool on Solana

The two companies built the GLDY Pool on Orca to solve a problem that has slowed tokenized asset adoption for years. Investors who bought tokenized securities had no reliable venue to sell them. That gap, often called the distribution problem, kept institutional buyers on the sidelines.

On Wednesday, Streamex (Nasdaq: STEX) CEO Henry McPhie said the launch addresses that obstacle directly. “What we’ve built with Orca is among the first infrastructure of its kind: a decentralized, permissioned trading pool that operates 24/7 and enforces compliance at the token level, not layered on as an afterthought,” McPhie said.

The pool enforces compliance through token-level access controls built directly into Solana’s infrastructure. Investor wallets start in a frozen state by default. Only wallets whose holders have completed Streamex’s know-your-customer (KYC) and accredited investor verification can hold or trade GLDY.

An onchain access control layer syncs eligibility status in real time from Streamex’s KYC platform. That means investor credentials are checked and enforced continuously, without a manual review step between trades.

GLDY is offered under Rule 506(c) of Regulation D under the Securities Act of 1933 and is available exclusively to verified accredited investors. Streamex takes steps to verify accreditation status for all participants in line with federal securities requirements.

Orca’s concentrated liquidity pools, known as Whirlpools, provide the underlying trading infrastructure. The design allows institutional market makers to deploy capital in targeted price ranges, creating deeper liquidity with less capital than traditional pool structures.

Orca’s AMM infrastructure has processed more than $500 billion in cumulative trading volume since launch, with no smart contract exploits recorded, according to the company. Past performance does not guarantee future results, and trading tokenized securities carries regulatory, smart contract, and blockchain network risks distinct from other digital assets.

The revenue arrangement gives Streamex a portion of Orca’s protocol fee revenue from the GLDY Pool, in addition to transfer fees built into GLDY itself. Streamex manages the KYC and accredited investor whitelist and supports investor onboarding in exchange.

The two companies designed the technology stack to work beyond GLDY. The same infrastructure model applies to any tokenized security, including stocks, bonds, real estate, and royalties. Solana‘s throughput and low transaction costs make it a practical base for that kind of regulated, high-frequency trading environment, the firms note.

The release also says that investors should note that GLDY tokens are restricted securities under federal law. Secondary resales are subject to legal restrictions under the Securities Act. Liquidity depends on willing counterparties, continued operation of Orca’s infrastructure, and ongoing regulatory compliance. There is no guarantee a holder can sell at any given time or price.

The broader tokenized real-world asset (RWA) market on Solana has grown to include tokenized Treasuries, private credit, and commodity-backed instruments. Orca, Raydium, and Jupiter serve as primary liquidity venues in that ecosystem. The GLDY Pool adds a compliance-enforced layer to that infrastructure for regulated securities specifically.