Orca And Streamex Launch Secondary Trading Infrastructure For Tokenized Securities On Solana

Orca and Streamex rolled out secondary trading infrastructure for tokenized securities on Solana, with Streamex launching a Solana-based marketplace for trading tokenized assets in partnership with Orca.

“Solana-based decentralized exchange Orca has introduced a marketplace dedicated to tokenized real-world assets (RWAs), marking a significant step in bridging traditional finance with decentralized finance (DeFi)”

Bitcoin World

The system lets verified accredited investors buy and sell Streamex’s yield-bearing, gold-backed GLDY token through regulated onchain trading pools operating around the clock.

Bitcoin World

Trading takes place through permissioned liquidity pools built on Orca, where investor wallets remain frozen until users complete identity verification and accreditation checks.

Orca said its automated market maker infrastructure has processed more than $500 billion in cumulative trading volume since launch, and the companies said the GLDY trading pool could serve as a model for other tokenized assets tied to stocks, bonds, real estate and commodities.

Crypto Briefing said Orca launched permissioned pools on Solana designed to let regulated asset issuers control who can trade tokenized securities onchain.

The new pools allow asset issuers to set eligibility requirements for who can hold or trade their tokens, with compliance checks enforced at the token level rather than handled only through offchain processes.

Cointelegraph

Streamex is the first issuer to use the infrastructure, and its GLDY token will trade through the GLDY Pool on Orca.

Crypto Briefing also said Streamex said GLDY is offered under Rule 506(c) of Regulation D and is available only to verified accredited investors.

The launch comes amid a broader push to build regulated trading infrastructure for tokenized stocks, funds and other traditional financial assets, with TradingView citing that the US Securities and Exchange Commission approved Nasdaq’s pilot proposal earlier this month.

“Orca launches permissioned pools to bring regulated RWA trading to Solana Orca launched permissioned pools designed to let regulated asset issuers control who can trade tokenized securities onchain”

Crypto Briefing

Under that proposal, TradingView said tokenized securities would share the same order books, ticker symbols and shareholder rights as conventional shares, while participation in the pilot is initially limited to eligible participants and securities tied to the Russell 1000 index and some of the biggest exchange-traded funds.

TradingView also pointed to other exchange and tokenization efforts, including the New York Stock Exchange signing an agreement with Securitize in March to develop infrastructure for tokenized stocks and ETFs tied to Intercontinental Exchange’s planned digital trading platform.

In parallel, TradingView said Centrifuge recently said it plans to bring tokenized Treasurys, private credit and AAA-rated collateralized loan obligation products to the Monad blockchain for use in lending, collateral and secondary market activity.