The listed company Streamex has completed a $25 million first phase of convertible bond financing to advance its tokenized gold program

2025-11-05 21:14:46

According to GlobeNewswire, Nasdaq-listed company Streamex announced the completion of a $25 million initial convertible bond financing, with Cantor, Clear Street, and Needham & Company, LLC acting as placement agents.

The company will use these funds to purchase physical gold, thereby strengthening Streamex's efforts to advance its gold tokenization plan and maintain its gold-backed balance sheet strategy.

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