Get Ready for the Shiny New Gold-Backed Crypto: Billion-Dollar Funding Unleashed! 🌟💰

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Hold onto your hats, folks! A shiny new gold-backed crypto venture has just secured a whopping $1.1 billion in growth capital, and it’s ready to challenge the big boys like Paxos and Tether. But don’t worry, they’re not just copying the same old 1:1 tokenization model. Oh no, they’re going to buy gold and related instruments with their own cash, then transform them into digital products tradable on blockchain networks. 🤑💸

The funding package includes $100 million in convertible debt and a $1 billion equity credit line, all earmarked for building their gold-backed digital finance arm. This follows a letter of intent to merge, signed in early May, that sets the stage for a new entity focused on tokenizing real-world assets. 📈

BioSig CEO and Streamex co-founder Henry McPhie says this will allow the firm to create liquidity in-house and maintain tighter control over its offerings. The goal is to roll out the first tokenized gold instrument by early 2026, generating revenue through a blend of issuance fees, trading commissions, tokenization charges, and spread-based income. 📊

But despite the ambitious roadmap, BioSig’s stock took a hit after the announcement, dropping over 27% in Tuesday trading. Still, the company remains up more than 500% over the past six months. 📉

Tokenized gold has seen renewed interest in 2025, though it remains a small slice of the $24.5 billion tokenized RWA (real-world asset) market. Gold products—dominated by Paxos Gold (PAXG) and Tether Gold (XAUT)—currently account for nearly 99% of the $1.62 billion tokenized commodities segment. 🏅

BioSig and Streamex hope to carve out space in this market by offering a fresh take on blockchain-based commodity investment. As traditional finance and digital assets continue to converge, the venture represents yet another signal that real-world value is increasingly moving onchain. 🌐

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2025-07-09 14:36