【Crypto World】Recently, there is a new development worth paying attention to—Streamex and tZERO have formed a partnership to jointly create a compliant trading platform for a gold-linked token called GLDY. In simple terms, this upcoming tokenized security needs a reliable secondary trading market, and the alternative trading system (ATS) provided by tZERO, which is regulated by both the SEC and FINRA, plays this role.
According to Streamex CEO Henry McPhie, the GLDY issuance will exceed $100 million and is set to go live in early Q1. This is no small feat—such a large issuance requires mature trading infrastructure to support liquidity and price discovery.
tZERO CEO Alan Konevsky also stated that their ATS platform has established a comprehensive securities market protection mechanism, capable of providing an institutional-level trading environment for new asset types like tokenized securities. From this perspective, for tokenized securities to truly mainstream, it still depends on regulated, compliant trading systems like this to ensure security and legitimacy.
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GhostInTheChain
· 6h ago
$100 million invested in gold tokens, with all regulatory licenses in place. This time, it might really be happening.
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SEC-backed ATS? Sounds quite professional, but I'm just worried it’s another PPT fundraising scheme.
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Gold tokens have been hyped for so long, finally some big institutions are taking over... Let’s keep an eye on it.
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Liquidity and price discovery, just listen, mainly depends on whether there’s real trading volume.
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Launching in Q1, right? Betting that the $5 million might be pushed back to Q2.
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Is this really reliable or just another new way to cut the leeks? We’ll see what the actual trading data says.
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A compliant trading platform sounds good, but I wonder if it will follow the same path as GBTC, with ridiculously high fees.
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FUD_Whisperer
· 6h ago
100 million USD worth of gold coins, compliant trading... This set of strategies looks quite professional, but can it really generate liquidity?
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DegenGambler
· 6h ago
100 million dollars worth of gold coins? Now a compliant game is here, but can it really become liquid?
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StableBoi
· 6h ago
100 million dollars worth of gold tokens, is this really going to be compliant this time? Seems pretty interesting.
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RamenStacker
· 6h ago
$100 million worth of gold tokens, this time it's really legit, but let's wait until it goes live to be sure.
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MidnightTrader
· 7h ago
100 million USD worth of gold coins, this time it really doesn't look so shady anymore, with the SEC watching over it.
$100 million gold token GLDY is about to launch, with a regulated trading platform ready
【Crypto World】Recently, there is a new development worth paying attention to—Streamex and tZERO have formed a partnership to jointly create a compliant trading platform for a gold-linked token called GLDY. In simple terms, this upcoming tokenized security needs a reliable secondary trading market, and the alternative trading system (ATS) provided by tZERO, which is regulated by both the SEC and FINRA, plays this role.
According to Streamex CEO Henry McPhie, the GLDY issuance will exceed $100 million and is set to go live in early Q1. This is no small feat—such a large issuance requires mature trading infrastructure to support liquidity and price discovery.
tZERO CEO Alan Konevsky also stated that their ATS platform has established a comprehensive securities market protection mechanism, capable of providing an institutional-level trading environment for new asset types like tokenized securities. From this perspective, for tokenized securities to truly mainstream, it still depends on regulated, compliant trading systems like this to ensure security and legitimacy.