biosig

ChainCatcher news, according to Decrypt, Nasdaq-listed company BioSig Technologies announced that its subsidiary Streamex Exchange Corporation has initiated the acquisition process for compliant brokers, aiming to become one of the first companies to issue compliant gold tokenized products on major exchanges in the United States. Upon completion of the transaction, Streamex will obtain FINRA and SEC registration qualifications to provide compliance support for its RWA commodity trading platform based on the Solana chain.Streamex plans to enter the global $22 trillion gold market through tokenization, with the goal of establishing large-scale gold reserves by 2026. The company stated that this move will bridge the investment channels between traditional finance and blockchain assets, providing investors with new avenues for fragmented gold investments.

ChainCatcher news, according to Businesswire, Nasdaq-listed medical device technology company BioSig Technologies announced that it has merged with another Nasdaq-listed company, Streamex Exchange Corporation, and has also signed a financing agreement of up to $1.1 billion aimed at advancing the development of RWA tokenization business, bringing the $142 trillion commodity market on-chain with a focus on gold tokenization.It is reported that the company will sell $100 million worth of preferred secured convertible bonds and a $1 billion equity credit facility, with the deal being co-led by Tether asset custodian Cantor Fitzgerald as the joint book-running manager.