Strategic launch: The decentralized exchange Orca implemented permissioned pools at the protocol level on the Solana network. Inaugural asset: The commodity tokenization firm Streamex introduced $GLDY, a tokenized security backed by physical gold. Compliance control: Investors' digital wallets are frozen by default until they pass Identity Verification (KYC) steps.
Orca launches permissioned pools on Solana with Streamexs GLDY as the first regulated asset for compliant secondary trading. Orca launches permissioned pools to bring regulated RWA trading to Solana.
Streamex Corp. and Solana-based decentralized exchange ( DEX) platform Orca launched 24/7 secondary liquidity infrastructure for tokenized securities on Wednesday, with GLDY, a gold-backed, yield-bearing token, as the first asset to trade on the system.
Orca (ORCA), a Solana-based decentralized exchange token, drew outsized attention in Korean markets on Tuesday ET as heavy turnover persisted even while price action showed signs of short-term overheating—an increasingly common setup when momentum traders collide with profit-taking. ORCA changed hands around 2,365 won (about $1.71) on the Korean won market, down 2.63% over the day.