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Public company BioSig merges with Streamex, planning to raise $1.1 billion to advance RWA tokenization development.
On July 8, BioSig Technologies, a medical device technology company listed on the NASDAQ, announced a merger with another NASDAQ-listed company, Streamex Exchange Corporation, and signed a financing agreement of up to $1.1 billion aimed at advancing RWA tokenization business development, promoting on-chain integration of the $142 trillion commodity market with a focus on gold tokenization. The company will sell $100 million in priority secured Convertible Bonds and a $1 billion equity credit facility, with the deal being co-led by Tether asset custodian Cantor Fitzgerald as the lead placement agent. Streamex is a wholly-owned subsidiary of BioSig Technologies, Inc., specializing in on-chain tokenization of real-world assets in the commodity sector. Streamex aims to bring the commodity market on-chain and has developed a primary issuance and trading infrastructure that will fundamentally change commodity finance.