BioSig and Streamex raise $1.1 billion... accelerating gold RWA expansion

BioSig (BioSig, BSGM), a US Nasdaq-listed company that announced a merger in May, and Streamex (Streamex Exchange Corporation) have announced that they will continue expanding their gold real-world asset tokenization (RWA) through $1.1 billion in growth funding.

According to a Cointelegraph report on the 9th (local time), the two companies stated that the $1.1 billion in growth capital consists of a $100 million convertible bond and a $1 billion equity credit facility. Based on these funds, they plan to pursue a financial business focused on gold tokenization financial products.

Henry McPhee, CEO of BioSig, explained, "Unlike the PaxG (PaxG) and Tether Gold (Tether Gold) models, we have the capacity to directly acquire gold and gold-like assets and bring them to the tokenization market. We plan to launch the first tokenized gold assets to the market by early 2026."