U.S. Market Pioneer: BioSig Technologies and Streamex Unveil Groundbreaking Asset Tokenization Strides
BioSig Technologies, Inc. (NASDAQ: BSGM) has merged with Streamex Exchange Corporation, a private entity focused on the tokenization of real-world assets, particularly in the commodities sector. This strategic move positions the combined company to lead the emerging market of regulated RWA tokenization in the United States.
The merger comes at a time when the global gold price is valued at an impressive $22 trillion. Streamex, now a wholly owned subsidiary of BioSig Technologies, aims to bridge traditional finance and blockchain, offering simple, compliant access to gold investments through digital tokens.
Henry McPhie, Co-Founder and CEO of Streamex, has a robust background in building innovative companies at the intersection of blockchain and finance. Before his time at Streamex Exchange Corporation, McPhie was the CEO of BioSig Technologies, Inc., which recently merged with Streamex.
Streamex is committed to developing compliant primary issuance and decentralized exchange infrastructure aimed at modernizing stock market today. The company plans to hold significant quantities of physical gold, securely stored through top-tier bullion banks. These holdings will denominate the company's balance sheet in gold.
The merger's completion marks a critical step toward tapping into the approximately $142 trillion global commodities market. Analysts predict a substantial increase in company earnings for BioSig Technologies, with expectations of a 73.3% rise in 2025.
In preparation for the merger, BioSig recently engaged Compliance Exchange Group (CXG) to assist in acquiring a FINRA and SEC-registered broker-dealer. This move further solidifies the combined company's position as one of the first publicly traded, fully regulated RWA tokenization companies in the U.S.
With this merger, BioSig Technologies and Streamex are poised to revolutionize the commodities market by leveraging the power of blockchain technology, offering a new era of simple, compliant, and accessible gold investments to a global audience.
