Yield-Bearing Gold, Now Available Through Your Siebert Brokerage Account
For decades, investors who wanted exposure to gold faced a familiar set of trade-offs. Physical bullion meant storage and security. Gold funds meant tracking a price that simply sits there. And the newer world of digital assets, while promising, often came wrapped in technical complexity that kept many investors on the sidelines.
Today, that changes. Siebert is pleased to announce a collaboration with Streamex Corp. (NASDAQ: STEX) and tZERO Group, Inc. that brings GLDY, a gold-backed, yield-bearing tokenized security, to our wealth management and institutional clients. For the first time, qualified Siebert clients can add GLDY to their portfolios through the same trusted brokerage relationship they already rely on, with no crypto onboarding and no technical hurdles.
What Is GLDY?
GLDY is a tokenized security backed by gold. What sets it apart from traditional gold holdings is that it is designed to generate yield. Through a gold leasing structure, GLDY pays an annualized yield of up to 3.5%, distributed in the form of additional gold rather than cash.
In other words, it is gold that can work to grow your position over time, combining the long-standing appeal of a hard asset with an income-generating component that conventional bullion and many gold funds do not offer.
How It Works for Siebert Clients
The most important part of this collaboration is how simple it is from the client's perspective. You do not need to understand blockchain. You do not need a digital wallet or a separate crypto account.
Instead, a Siebert broker can offer GLDY to you the same way they would discuss any other stock, bond, or investment product. Together, you can evaluate whether GLDY fits your goals and risk profile, and where appropriate, you can purchase it directly through your Siebert brokerage account.
Once purchased, your GLDY is custodied at tZERO, a digital securities platform regulated under applicable federal securities laws. That means you get the benefits of blockchain-based infrastructure with an institutional-grade, regulated custody experience behind it.
Why This Matters
The financial industry has spent years talking about bridging traditional finance and blockchain-enabled markets. This collaboration is one of the moments where that conversation becomes practice. A FINRA-member broker-dealer is making a tokenized, gold-backed security available to clients through the same infrastructure used for every other investment.
"At Siebert, our role is to help investors access what's next in the markets through a trusted brokerage relationship," said John J. Gebbia, Chief Executive Officer of Siebert Financial Corp. "GLDY is an example of how traditional finance and blockchain-enabled infrastructure can work together without adding complexity for the investor. Clients can speak with their Siebert broker, evaluate whether GLDY fits their goals and risk profile, and, where appropriate, purchase it through a brokerage account."
With approximately $20 billion in assets under management and an established institutional distribution network, Siebert is positioned to make GLDY accessible to a significantly broader base of accredited and institutional investors than ever before.
Who Can Access GLDY
GLDY is currently available to accredited and institutional investors. As with any investment, suitability matters, and GLDY may not be right for everyone. The right place to start is a conversation with a licensed Siebert representative who can help you understand the product and how it might fit within your broader portfolio.
Getting Started
If you are an existing Siebert client and want to learn more about GLDY, reach out to your broker to begin the conversation.
If you do not yet have a Siebert brokerage account and are interested in exploring GLDY, contact us to begin the account opening process and speak with a licensed representative.
The future of finance is not something we are waiting for. With GLDY, it is something Siebert clients can access today.
Read more about the collaboration in the full press release.