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.
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.
You may also like
Gainers
Latest Crypto News
Some established AI and meme coins showed strong performance today, with SQD surging over 78% in a single day
TRON Foundation has released java-tron v4.8.1 (Democritus) pre-release version, and the Nile Testnet mandatory upgrade has officially started.
Yala: All native BTC under the custodian model will be removed from the protocol, shifting towards an AI-driven smart body prediction direction in the future
CME Data Center Outage Affects Trillion-Dollar Contracts
BNB Treasury Company CEA Industries Appoints Crypto Asset Expert Annemarie Tierney as Director
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]