Key Points:* BioSig and Streamex merge to tokenize commodities on blockchain.
$1.1 billion funding secured for project.
Focus on gold-backed assets and market transparency.
BioSig Technologies Inc. announced its merger with Streamex on July 8, 2025, and secured $1.1 billion in funding for a blockchain-based commodity tokenization project.
The initiative aims to introduce liquidity and transparency to the commodities market, impacting its $142 trillion value.
Funding and Institutional Backing in BioSig’s Commodity Shift
BioSig Technologies Inc., previously a medical technology company, has merged with Streamex to pivot towards blockchain tokenization of commodities. Led by CEO Henry McPhie, this endeavor includes securing up to $1.1 billion funding comprised of convertible bonds and equity facilities.
The merger seeks to integrate commodity trading onto blockchain platforms, notably enhancing liquidity and transparency. The initiative emphasizes gold-backed assets and targets a $142 trillion market landscape, marking a significant pivot for BioSig’s operations.
“As institutions accelerate the adoption of real-world assets, BioSig aims to bring the commodities market on-chain.” — Henry McPhie, Co-Founder & CEO, BioSig Technologies, Inc.
Did you know? BioSig’s move to tokenize commodities is reminiscent of earlier attempts like Pax Gold but is amplified by institutional backing and a $1.1 billion investment.
Solana (SOL) stands at $151.16 with a market cap of $80.96 billion, dominating 2.41% of the market. A trading volume of $3.77 billion reflects a 12.64% change. Over 90 days, Solana’s price rose by 41.89%, per CoinMarketCap data on July 8, 2025.
Solana(SOL), daily chart, screenshot on CoinMarketCap at 10:51 UTC on July 8, 2025. Source: CoinMarketCap
According to the Coincu research team, the funding influx for BioSig and Streamex’s project might prompt financial markets to further explore tokenized commodities. The move signifies a potential shift in technological integration within financial infrastructures.
| |
| --- |
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Trang này có thể chứa nội dung của bên thứ ba, được cung cấp chỉ nhằm mục đích thông tin (không phải là tuyên bố/bảo đảm) và không được coi là sự chứng thực cho quan điểm của Gate hoặc là lời khuyên về tài chính hoặc chuyên môn. Xem Tuyên bố từ chối trách nhiệm để biết chi tiết.
BioSig commodity tokenization strategy
Key Points:* BioSig and Streamex merge to tokenize commodities on blockchain.
The initiative aims to introduce liquidity and transparency to the commodities market, impacting its $142 trillion value.
Funding and Institutional Backing in BioSig’s Commodity Shift
BioSig Technologies Inc., previously a medical technology company, has merged with Streamex to pivot towards blockchain tokenization of commodities. Led by CEO Henry McPhie, this endeavor includes securing up to $1.1 billion funding comprised of convertible bonds and equity facilities.
The merger seeks to integrate commodity trading onto blockchain platforms, notably enhancing liquidity and transparency. The initiative emphasizes gold-backed assets and targets a $142 trillion market landscape, marking a significant pivot for BioSig’s operations.
Blockchain Opportunity: BioSig Targets $142 Trillion Commodity Market
Did you know? BioSig’s move to tokenize commodities is reminiscent of earlier attempts like Pax Gold but is amplified by institutional backing and a $1.1 billion investment.
Solana (SOL) stands at $151.16 with a market cap of $80.96 billion, dominating 2.41% of the market. A trading volume of $3.77 billion reflects a 12.64% change. Over 90 days, Solana’s price rose by 41.89%, per CoinMarketCap data on July 8, 2025.
| | | --- | | DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |