Tokenization Strategy Attracts Institutional Investors

Metalayer Capital has allocated $1 million through a GLDY strategy, a gold-backed token. This move represents an important step towards attracting institutional investment to tokenization strategies.

Metalayer Capital has recently announced the allocation of $1 million through a GLDY strategy, a gold-backed token. This initiative, implemented by Streamex Corp., a Nasdaq-listed technology firm focusing on commodity tokenization, marks an important step in attracting institutional interest to such investments. The GLDY acts as the long leg of this delta-neutral gold trade, combined with a short position in gold-linked futures. This mechanism allows for fees to be earned from managed assets without exposure to price fluctuations of gold, primarily focused on the yield generated by the token. The involvement of an institutional investor signals a growing trend: interest in tokenized securities is extending beyond accredited individual investors and gaining traction among institutions.

Source: ForexLive (InvestingLive)