Key Points:* BioSig and Streamex merge to tokenize commodities on blockchain.
$1.1 billion funding secured for project.
Focus on gold-backed assets and market transparency.
BioSig Technologies Inc. announced its merger with Streamex on July 8, 2025, and secured $1.1 billion in funding for a blockchain-based commodity tokenization project.
The initiative aims to introduce liquidity and transparency to the commodities market, impacting its $142 trillion value.
Funding and Institutional Backing in BioSig’s Commodity Shift
BioSig Technologies Inc., previously a medical technology company, has merged with Streamex to pivot towards blockchain tokenization of commodities. Led by CEO Henry McPhie, this endeavor includes securing up to $1.1 billion funding comprised of convertible bonds and equity facilities.
The merger seeks to integrate commodity trading onto blockchain platforms, notably enhancing liquidity and transparency. The initiative emphasizes gold-backed assets and targets a $142 trillion market landscape, marking a significant pivot for BioSig’s operations.
“As institutions accelerate the adoption of real-world assets, BioSig aims to bring the commodities market on-chain.” — Henry McPhie, Co-Founder & CEO, BioSig Technologies, Inc.
Did you know? BioSig’s move to tokenize commodities is reminiscent of earlier attempts like Pax Gold but is amplified by institutional backing and a $1.1 billion investment.
Solana (SOL) stands at $151.16 with a market cap of $80.96 billion, dominating 2.41% of the market. A trading volume of $3.77 billion reflects a 12.64% change. Over 90 days, Solana’s price rose by 41.89%, per CoinMarketCap data on July 8, 2025.
Solana(SOL), daily chart, screenshot on CoinMarketCap at 10:51 UTC on July 8, 2025. Source: CoinMarketCap
According to the Coincu research team, the funding influx for BioSig and Streamex’s project might prompt financial markets to further explore tokenized commodities. The move signifies a potential shift in technological integration within financial infrastructures.
| |
| --- |
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
BioSig commodity tokenization strategy
Key Points:* BioSig and Streamex merge to tokenize commodities on blockchain.
The initiative aims to introduce liquidity and transparency to the commodities market, impacting its $142 trillion value.
Funding and Institutional Backing in BioSig’s Commodity Shift
BioSig Technologies Inc., previously a medical technology company, has merged with Streamex to pivot towards blockchain tokenization of commodities. Led by CEO Henry McPhie, this endeavor includes securing up to $1.1 billion funding comprised of convertible bonds and equity facilities.
The merger seeks to integrate commodity trading onto blockchain platforms, notably enhancing liquidity and transparency. The initiative emphasizes gold-backed assets and targets a $142 trillion market landscape, marking a significant pivot for BioSig’s operations.
Blockchain Opportunity: BioSig Targets $142 Trillion Commodity Market
Did you know? BioSig’s move to tokenize commodities is reminiscent of earlier attempts like Pax Gold but is amplified by institutional backing and a $1.1 billion investment.
Solana (SOL) stands at $151.16 with a market cap of $80.96 billion, dominating 2.41% of the market. A trading volume of $3.77 billion reflects a 12.64% change. Over 90 days, Solana’s price rose by 41.89%, per CoinMarketCap data on July 8, 2025.
| | | --- | | DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |