There is finally a compliant RWA entry point on Solana. Starting with gold tokens, the traditional financial “playing style” of KYC plus qualified investors has been brought on-chain—Orca’s move is aimed at institutional funds.

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Orca launches a compliant trading marketplace for tokenized physical assets
Orca (Solana decentralized exchange) launches "permissioned pool" infrastructure for real-world asset tokenization trading with higher compliance requirements.
The first participants are Streamex, whose gold-backed security GLDY will become the first compliant token traded on this system.
The mechanism focuses on the U.S. market, allowing only KYC-verified qualified investors to buy, sell, and hold; issuers can customize access rules, which are enforced by the on-chain system.
The permissioned pool operates on Orca's existing liquidity foundation, with the interface indicating asset restriction status and trading eligibility.
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