{"id":35793,"date":"2025-07-08T17:31:58","date_gmt":"2025-07-08T17:31:58","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35793"},"modified":"2025-07-08T17:31:58","modified_gmt":"2025-07-08T17:31:58","slug":"biosig-streamex-to-raise-1-1b-for-gold-tokenization-initiative-on-solana","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35793","title":{"rendered":"BioSig, Streamex to Raise $1.1B for Gold Tokenization Initiative on Solana"},"content":{"rendered":"<div>\n<p>BioSig Technologies (BSGM), a medical-technology company fresh off a merger with tokenization firm Streamex, said it signed definitive agreements for up to <a href=\"https:\/\/www.businesswire.com\/news\/home\/20250707385647\/en\/BioSig-Technologies-Inc.-and-Streamex-Exchange-Corporation-Announce-Definitive-Agreements-for-up-to-%241.1B-USD-in-Growth-Financing-to-Launch-Gold-Backed-Treasury-Management-Strategy-and-to-Rapidly-Expand-RWA-Tokenization-for-the-Commodities-Markets\">$1.1 billion in financing<\/a> to fund a gold-backed treasury model and scale its tokenization platform for real-world assets (RWAs) like gold and other commodities.<\/p>\n<p>The capital raise includes $100 million in senior secured convertible debentures and a $1 billion equity line of credit. The debentures accrue 4% interest and are convertible into common shares, giving holders the rights to a sizable equity position. Under the equity line of credit, the firm may issue new shares and sell up to $1 billion of common stock to investors for up 36 months.<\/p>\n<p>BSGM shares plunged as much as 43% to $6.54 on Tuesday following the announcement, perhaps on concerns about potential shareholder dilution. The price stabilized later around $9, down 20% during the day. The company&#8217;s market capitalization is about $1 billion at current prices, according to <a href=\"https:\/\/finance.yahoo.com\/quote\/BSGM\/\">Yahoo Finance data<\/a>. Still, it is up roughly 600% since the two firms <a href=\"https:\/\/www.biosig.com\/news-media\/press-releases\/detail\/369\/biosig-enters-into-an-loi-to-merge-with-streamex-exchange\">announced their merger<\/a> on May 5.<\/p>\n<h3>Gold treasury strategy<\/h3>\n<p>A slew of companies have recently said they are pivoting to a crypto treasury strategy, raising capital by selling shares and issuing debt and investing in tokens like bitcoin (BTC) and Ethereum&#8217;s ether (ETH).<\/p>\n<p>BioSig is taking a different approach. The merged entity is positioning itself as a gold treasury company while betting on the red-hot tokenization trend. <a href=\"https:\/\/www.coindesk.com\/learn\/rwa-tokenization-what-does-it-mean-to-tokenize-real-world-assets\">Tokenized assets<\/a>, or traditional instruments like stocks, funds and commodities on blockchain rails, are projected to become a multitrillion dollar market over the next years, reports by <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/04\/07\/ripple-bcg-project-usd18-9t-tokenized-asset-market-by-2033-but-obstacles-remain\">BCG<\/a>, <a href=\"https:\/\/www.coindesk.com\/markets\/2024\/06\/21\/mckinsey-sees-just-2t-of-tokenized-rwas-by-2030-in-base-case-with-broad-adoption-still-far-away\">McKinsey<\/a> and <a href=\"https:\/\/www.coindesk.com\/business\/2025\/06\/26\/real-world-asset-tokenization-market-has-grown-almost-fivefold-in-3-years\">Standard Chartered<\/a> said.<\/p>\n<p>The company plans to hold physical gold through a top-tier bullion bank and denominate much of its balance sheet in the yellow metal rather than fiat currency.<\/p>\n<p>Meanwhile, Streamex plans to issue tokens backed by gold and other commodities through its platform built on the Solana (SOL) blockchain.<\/p>\n<p>&#8220;By combining the value of physical gold with the innovation of blockchain, we are building a company grounded in what we believe to be the world\u2019s most trusted store of value while enabling a scalable, high-return business model through tokenization,&#8221; BioSig CEO and Streamex co-founder Henry McPhie said in a statement.<\/p>\n<p>&#8220;Our mission is to unlock liquidity, transparency, and accessibility across the $142 trillion commodities market, and this milestone is just the beginning,&#8221; he added.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/04\/10\/tokenized-gold-nears-usd2b-market-cap-as-tariff-fears-spark-safe-haven-trade\">Tokenized Gold Surges Above $2B Market Cap as Tariff Fears Spark Safe Haven Trade<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BioSig Technologies (BSGM), a medical-technology company fresh off a merger with tokenization firm Streamex, said it signed definitive agreements for up to $1.1 billion in financing to fund a gold-backed treasury model and scale its tokenization platform for real-world assets (RWAs) like gold and other commodities. The capital raise includes $100 million in senior secured [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-35793","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35793"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35793\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}