Gold Rush 2.0: Biosig and Streamex Get $1.1 Billion πŸ’Έ

Breaking news: Biosig Technologies and Streamex Exchange just secured a whopping $1.1 billion in financing to launch a gold-backed treasury strategy and expand real-world asset tokenization in the commodities sector πŸ€‘.

Nasdaq-listed Biosig is going all in on the $16 trillion RWA tokenization market with a massive gold treasury plan πŸ’ͺ. Following its merger with Streamex Exchange Corporation, the company announced definitive agreements for up to $1.1 billion in growth financing πŸ“ˆ.

The deal includes a mix of convertible debentures and an equity line of credit, because who doesn’t love a good debt-equity cocktail? 🍹 It positions the newly merged company to become one of Nasdaq’s largest gold bullion holders and a first mover in real-world asset (RWA) tokenization, starting with the $22 trillion global gold market πŸ’ƒ.

The agreement includes $100 million in senior secured convertible debentures and a $1 billion equity line of credit over 36 months. Proceeds will fund a gold-backed treasury management strategy and efforts to tokenize commodities like gold, aiming to bridge the $142 trillion traditional commodities market with blockchain technology πŸŒ‰.

Biosig CEO and Streamex Co-Founder Henry McPhie said,

By combining the value of physical gold with the innovation of blockchain, we’re building a company grounded in what we believe to be the world’s most trusted store of value while enabling a scalable, high-return business model through tokenization πŸ€‘. Our mission is to unlock liquidity, transparency, and accessibility across the $142 trillion commodities market, and this milestone is just the beginning πŸŽ‰.

Biosig plans to tokenize gold reserves into onchain assets, tapping into the RWA tokenization sector πŸ“Š. The firm also sees tokenized gold playing a more pivotal role than bitcoin in the next financial era, citing gold’s $233 billion daily trading volume, more than 4.5x that of bitcoin πŸ“ˆ.

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2025-07-09 15:02