U.S. publicly traded company BioSig has announced that it will receive an additional $1.1 billion in funding to drive the tokenization of the commodities market.
By: theblockbeats.news|2025/07/08 11:07:45
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BlockBeats News, July 8th, U.S. listed company BioSig (BSGM) announced that it has received up to $1.1 billion in additional funding following its merger with Streamex, including $100 million in convertible bonds and a $1 billion equity financing facility, to drive the tokenization of commodities and a gold-backed treasury management strategy.
The initial $75 million is scheduled for delivery on October 7, 2025. BioSig plans to bring the commodities market onto the blockchain, aiming to unlock liquidity and transparency in the $142 trillion market. Its CEO, Henry McPhie, stated that as institutions accelerate the adoption of real-world assets (RWA), BioSig aims to bring the commodities market on-chain.
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