Streamex Corp. announced that its GLDY Class B shares, a gold-backed, yield-bearing asset, are now available for custody through Inspira Financial, a major qualified custodian managing over $63 billion in assets. This development allows institutional investors, wealth managers, and advisors to access GLDY within their existing custody frameworks, significantly broadening GLDY's reach into traditional finance markets. GLDY Class B shares maintain the same benefits as the tokenized version and can be converted into tokens anytime, providing flexibility and liquidity. This partnership is part of Streamex's strategy to increase GLDY's adoption by integrating with established financial infrastructure.
- GLDY Class B shares, a gold-backed and yield-bearing asset, are now available for custody through Inspira Financial.
- This partnership allows institutional investors and wealth managers to integrate GLDY into their existing custody frameworks.
- The development aims to broaden GLDY's adoption within traditional finance markets and offers flexibility with conversion to tokens.
Topics: Asset types, Infrastructure providers, Institutional adoption, Gold, Custody security solutions, Asset manager initiatives
Tags: #gludy #inspirafinancial #goldbacked #custody #institutionalinvestors #traditionalfinance #tokenizedgold #yieldbearingasset