Biosig and Streamex Raise $1.1 Billion through Convertible Bonds and Equity Credit Line, Targeting the $142 Trillion RWA Tokenization Market.
One of the largest financing deals in the field of real-world asset (RWA) tokenization was just announced when Biosig Technologies (Nasdaq: BSGM) completed a merger with Streamex Exchange Corporation. Following this deal, the company has announced growth financing agreements worth up to $1.1 billion, marking an important step in connecting traditional commodity markets with blockchain technology.
The agreement includes a combination of $100 million in secured senior convertible bonds and a $1 billion equity credit line over 36 months. This capital will help the newly merged company position itself as one of the largest gold bullion holders on the Nasdaq, as well as one of the pioneering organizations deploying RWA tokenization.
Henry McPhie, CEO of Biosig and co-founder of Streamex, emphasized the company's vision: "By combining the value of physical gold with the innovation of blockchain technology, we are building a company based on what is considered the most reliable value storage asset in the world."
Ambition to Conquer the $142 Trillion Market
The raised capital will be used to deploy a gold asset-based treasury management strategy and to promote tokenization efforts for commodities like gold. The ultimate goal is to connect the $142 trillion traditional commodity market with blockchain technology, starting with the $22 trillion global gold market.
McPhie continued: "We are implementing a highly scalable business model with high profitability through tokenization. Our mission is to unlock liquidity, transparency, and accessibility across the entire $142 trillion commodity market."
Biosig plans to tokenize its gold reserves into onchain assets, officially entering the rapidly developing RWA tokenization field. The company also boldly suggests that tokenized gold could play a more core role than Bitcoin in the next financial era, reasoning that daily gold trading volume reaches $233 billion – 4.5 times higher than Bitcoin.
