Streamex Partners with Chainlink to Strengthen Gold Tokenization

The collaboration aims to strengthen Streamex’s tokenization platform. It enhances cross-chain functionality, transparency, and trust for its flagship gold-backed asset, GLDY. GLDY is designed as a stablecoin tied to physical gold. It combines institutional-grade security with real-world utility. This will offer investors a modern way to earn yield on tokenized gold holdings.

Building Transparency Through Chainlink Technology

At the core of this partnership is the integration of Chainlink’s Proof of Reserve and Price Feeds. These tools allow anyone to verify, in real time, that GLDY is fully backed by physical gold stored in secure vaults. In other words, investors can confirm that each token truly represents a share of real gold. It will remove the need for blind trust. This level of transparency is key to building confidence in digital assets. Especially at a time when global regulators are tightening oversight on stablecoins and asset-backed tokens.

Chainlink’s Proof of Reserve has already been adopted by major financial platforms. For example, Aave and Paxos ensure their tokenized assets are properly collateralized. Streamex’s integration follows this trend. It will showcase how tokenization projects are evolving toward higher verification standards and reliability. The addition of Price Feeds further ensures tamper-proof market data. It will help create more secure and accurate on-chain gold markets for both retail and institutional participants.

Streamex is also taking a big step toward interoperability by using Chainlink’s Cross-Chain Interoperability Protocol (CCIP) across the Base and Solana mainnets. This technology allows GLDY to move seamlessly across different blockchains, improving liquidity and making it easier for investors to use their tokens in multiple ecosystems. By adopting Chainlink’s Cross-Chain Token (CCT) standard, Streamex ensures transfers are fast, secure, and future-proof. This is without sacrificing control or compliance.

More About Chainlink

Chainlink announced that Dolomite, a capital-efficient DeFi hub, allows users to supply, borrow, and deploy yield strategies across a wide range of assets in a single platform. By integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP) with its defense-in-depth security architecture, Dolomite provides a next-generation money market experience.

This integration ensures top-tier security, seamless composability, and the ability to operate across multiple blockchain ecosystems, giving users a safer and more versatile platform for managing their digital assets.