Streamex Corp. (NASDAQ: STEX) Joins Solana Policy Institute in the Project Open Coalition to Advance Regulated On-Chain Trading of Real-World Assets, Including GLDY
Globenewswire·2025-12-10 13:00

Core Viewpoint - Streamex Corp. has joined Project Open, an initiative aimed at establishing a regulated framework for the issuance and trading of securities on public blockchains, which could unlock billions in traditional asset value and enhance financial innovation in the U.S. [1][4] Group 1: Project Open Overview - Project Open proposes a regulatory framework to enable compliant, blockchain-based issuance and trading of registered securities, allowing issuers to register and trade equity on public blockchains while adhering to SEC standards [3]. - The initiative aims to reduce operational overhead, expand market access, and modernize settlement systems, potentially unlocking billions in traditional assets for 24/7 global trading [4]. Group 2: Implications for Streamex - Participation in Project Open aligns with Streamex's mission to expand regulated trading pathways for its tokenized security, GLDY, which is a gold-backed stablecoin designed to modernize investor access to physical gold [2][5]. - The framework of Project Open envisions instantaneous settlement and transparent on-chain ownership records, which would lead to faster settlement, lower costs, and improved transparency for Streamex and its investors [8]. Group 3: Strategic Importance - The initiative is seen as a foundational step toward unlocking regulated, on-chain markets at scale, which could accelerate the adoption of real-world assets (RWAs) across the industry [6]. - By enabling institutions to confidently access and trade tokenized assets like GLDY, Project Open significantly widens the universe of eligible investors and accelerates institutional adoption of RWAs [8].