Gold-backed Treasury Strategy Pursued by BioSig and Streamex for Potential $1.1 Billion Investment on Solana Blockchain
**BioSig Technologies and Streamex Announce Major Financing Plan for Gold-Backed Treasury Management Strategy**
In a significant move, BioSig Technologies and Streamex have announced a financing plan worth up to $1.1 billion. This ambitious initiative aims to launch a gold-backed treasury management strategy powered by blockchain technology on the Solana platform.
The financing is structured to include the sale of $100 million in senior secured convertible debentures and an equity line of credit of up to $1 billion. The debentures are convertible into BioSig's common stock, offering investors an opportunity to be part of this groundbreaking venture.
The financing agreements are with a leading institutional investor, marking a pivotal step in the strategic shift of both companies into the on-chain commodities market. The investor agreement is a testament to the potential of this initiative, which seeks to tokenize gold and other commodity assets, bringing a portion of the $142 trillion commodities market onto the blockchain.
BioSig and Streamex plan to establish a platform for tokenizing real-world assets, focusing primarily on gold. This platform will utilize Solana's blockchain technology to enhance liquidity, transparency, and accessibility. By entering the tokenized gold market, they will compete with existing players like Paxos Gold (PAXG) and Tether Gold (XAUT).
Streamex intends to differentiate itself by using its balance sheet capital to seed liquidity for creating gold-related tokens, allowing potential purchases and tokenization of gold and gold-like assets. This approach could position Streamex as a key player in the rapidly growing gold tokenization market.
The goal is to bring a significant portion of the commodities market onto the blockchain, leveraging blockchain technology for better market efficiency. The companies aim to build a company grounded in what they believe to be the world's most trusted store of value, physical gold, while leveraging blockchain innovation.
The initial tranche of $75 million and the opening of the credit line are expected to be completed by October 7, 2025, subject to shareholder approval. An additional $25 million in debentures will be raised after the registration of shares with the U.S. Securities and Exchange Commission (SEC).
Morgan Lekstrom, co-founder of Streamex and chairman of BioSig, considers the integration of physical gold with tokenization a major milestone. He believes that gold tokenization has the potential to surpass Bitcoin in value as traditional financial institutions adopt tokenized assets.
CIBC World Markets acted as strategic advisor in the financing. Streamex views RWA tokenization as a significant part of the evolving market, and the global on-chain RWA value is approximately $24.5 billion, with about $418 million on Solana.
This financing marks a pivotal moment for both BioSig Technologies and Streamex, and for the evolution of global financial markets. The tokenization platform of BioSig and Streamex, which combines physical gold with a scalable, revenue-generating model, introduces a new value proposition for token holders. The on-chain integration of gold and commodities, as noted by Lekstrom, is a transformative evolution in global finance.
- BioSig Technologies and Streamex's financing plan worth up to $1.1 billion will utilize blockchain technology on the Solana platform to power a gold-backed treasury management strategy.
- The financing includes the sale of $100 million in senior secured convertible debentures and an equity line of credit of up to $1 billion, convertible into BioSig's common stock.
- The debt financing agreements are with a leading institutional investor, signifying a strategic shift into the on-chain commodities market and a potential for gold and other commodity asset tokenization.
- The companies aim to establish a platform for tokenizing real-world assets, primarily focusing on gold, competing with existing players like Paxos Gold (PAXG) and Tether Gold (XAUT).
- Streamex intends to differentiate itself by using its balance sheet capital to seed liquidity for creating gold-related tokens, positioning itself as a key player in the gold tokenization market.
- The new financing, with the initial tranche expected by October 7, 2025, and the SEC registration of shares, marks a significant moment for both BioSig Technologies and Streamex and the evolution of global financial markets, as traditional finance institutions adopt tokenized assets.
