BioSig raises $1.1 billion in gold tokenization on Solana after merging with Streamex

After merging with Streamex Exchange Corporation, BioSig Technologies (BSGM), a Nasdaq-listed healthcare technology company, announced a new strategy: to venture into the global commodity tokenization space, starting with physical gold on the Solana blockchain.

#BioSig has signed a funding agreement worth $1.1 billion with an unnamed institutional investor to realize this ambition. The funding includes $100 million in secured convertible bonds and $1 billion in equity capital. BioSig's goal is to unlock long-term capital from real estate, increase capital efficiency, and optimize shareholder returns through the growth potential of Bitcoin.

The BioSig–Streamex project will be based on real gold stored in a bank. Unlike many other RWA projects, #Streamex has a clear revenue model from issuance fees, secondary trading fees, conversion between physical gold and tokens, as well as expanded financial services. The first gold token is expected to launch in early 2026.

Although gold is the starting point, BioSig–Streamex aims for the global commodity market worth $142 trillion. CEO Henry McPhie asserts that the mission is to "unlock liquidity, transparency, and accessibility" for this market. Despite BSGM stock being highly volatile after the announcement, it has still risen over 600% since before the merger.