Siebert to Offer Gold Token GLDY on tZERO Platform

Muriel Siebert & Co. selected tZERO’s end-to-end digital securities infrastructure on June 29, 2026, to enter the tokenized securities market and will launch GLDY, a gold-backed, yield-bearing tokenized security available to accredited investors.

Under the agreement, Siebert will use tZERO’s regulated technology stack instead of building its own digital asset systems. tZERO will provide investor onboarding and KYC, issuance support and broker-dealer services, custody of tokenized securities, secondary market infrastructure, and clearing, settlement and transfer agent functions to support Siebert’s tokenized products.

GLDY was developed by Streamex Corp. and is structured as a private placement under Rule 506(c) of Regulation D, limiting participation to accredited investors. Siebert will act as placement agent, offering clients a broker-dealer experience while the token functions on tZERO’s blockchain-based infrastructure.

Alan Konevsky, chairman and CEO of tZERO, commented: “Traditional financial institutions increasingly recognize that tokenized securities require more than blockchain technology, they require turnkey regulated market infrastructure. We built Tzero to provide that complete, independent foundation.”

John J. Gebbia, CEO of Siebert, added: “Tokenized securities represent an important evolution in how investors and issuers can connect, but the opportunity only works when innovation is matched with regulation, transparency, and trust.”

Siebert Financial Corporation, listed on Nasdaq under the ticker SIEB, reported $94.2 million in revenue for full-year 2025, up 12% year over year, and held about $19.5 billion in retail client assets. The firm operates roughly 10 branch offices and serves customers through desktop, web and mobile platforms.

The agreement follows a pattern of broker-dealers and financial firms seeking compliant entry points into digital capital markets. tZERO markets an integrated approach that bundles issuance, trading and custody under one regulated framework for institutions that prefer not to build independent digital asset operations.