Overview
- Orca rolled out permissioned pools that let issuers limit access so certain tokenized real-world assets can trade only among approved investors on the Solana blockchain.
- Investors must complete know-your-customer checks before they can buy, hold, or trade any asset placed in a permissioned pool.
- Issuers define who is eligible and those rules are enforced automatically onchain during trading, holding, and transfers through Orca’s liquidity infrastructure.
- Streamex will be the first issuer to use the system by listing its gold-linked token GLDY inside Orca’s permissioned pools, where the exchange interface will show users an asset’s restrictions and their eligibility.
- The launch moves Orca from crypto-only trading toward regulated markets and could speed tokenization of stocks, commodities, and funds if issuers, custodians, and regulators adopt compatible compliance and settlement tools.