Siebert Partners with Tzero to Launch Tokenized Securities Platform, Starting with Gold-Backed GLDY Token
By
Jamie Redman
Summary
Muriel Siebert & Co., a Wall Street broker-dealer with $19.5 billion in retail client assets, has partnered with Tzero to enter the tokenized securities market. Siebert will use Tzero's end-to-end digital securities infrastructure for investor onboarding, compliance, custody, issuance support, secondary market services, and lifecycle management. The firm's first offering will be a gold-backed tokenized security called GLDY, available to accredited investors. This move brings legacy Wall Street credibility to the blockchain-based securities space.
Source
bskySiebert Partners with Tzero to Launch Tokenized Securities Platform, Starting with Gold-Backed GLDY Tokennews.bitcoin.comKey quotes
· 2 pulledSiebert Brings Legacy Credibility to Blockchain Markets
Rather than build proprietary digital asset capabilities from scratch, Siebert is leveraging Tzero's integrated platform to handle investor onboarding, compliance, issuance support, custody, secondary market infrastructure, and ongoing lifecycle services.
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