According to CoinDesk, Solana decentralized exchange Orca has launched permissioned pools infrastructure to enable compliant tokenized real-world asset trading. Streamex, a commodities tokenization firm, will be the first participant, with its gold-backed security GLDY becoming the first compliant token traded on the system.
The permissioned pools mechanism is designed for the U.S. market and restricts trading and holding of related tokens to accredited investors who have passed KYC verification. Issuers can customize entry rules, which are automatically enforced on-chain. The new infrastructure builds on Orca's existing liquidity mechanisms, with the interface indicating whether assets are restricted and whether users are eligible to trade.