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.
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.
The move matters because it bridges a critical gap between traditional finance and blockchain-enabled markets. By making GLDY available through a bank custody division, Streamex lowers the barriers for RIAs and wealth managers who may have been hesitant to use digital asset platforms directly. This could accelerate the adoption of tokenized commodities among a broader set of institutional investors, potentially increasing demand for gold-backed yield-bearing products.
For the tokenization industry, the partnership signals growing acceptance of digital asset infrastructure within regulated banking environments. CNB Custody's involvement lends credibility and may encourage other banks to explore similar arrangements. It also highlights a trend where tokenized real-world assets are increasingly integrated into conventional custody and advisory workflows, which could lead to greater liquidity and market depth for such products.
Streamex, which describes itself as delivering institutional-grade solutions that bridge traditional finance and blockchain-enabled markets, continues to build out its access network. The company's focus on secure, regulated, and yield-bearing financial instruments aligns with rising investor interest in assets that offer both the stability of commodities and the efficiency of digital markets.
To view the full press release, visit https://ibn.fm/FnLDR. For more information about Streamex, visit www.streamex.com.
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