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Orca Launches Permissioned RWA Pools for Gold-Backed GLDY Token

On May 28 Orca rolled out permissioned liquidity pools on Solana with Streamex, enabling 24/7 secondary trading of the gold-backed GLDY token for accredited investors. The May 27 launch introduced on-chain KYC controls and concentrated-liquidity Whirlpools, extending Orca’s $500 billion AMM infrastructure to tokenized RWAs. GLDY offers up to 4% yield, while the Solana RWA ecosystem stands at $2.58 billion with 220,550 active wallets amid a $34 billion global market. The move targets institutional flows into compliant tokenized gold but leaves resale restrictions and smart-contract risks in place.

Category

Gold

Sentiment

Bullish

Event

Product launch

Reading time

1 min