BioSig/Streamex Secured $1.1 Billion Funding for On-Chain Gold Treasury

Earlier this month, BioSig Technologies, alongside its upcoming merger partner Streamex, secured $1.1 billion in growth financing to accelerate their pivot into real-world assets tokenization, specifically targeting the gold market.

Funding Breakdown

This significant funding round includes: $100 million in convertible debentures and a $1 billion equity line of credit. The capital will be allocated towards establishing a gold-backed treasury business centered on tokenized financial instruments.

Market Entry and Competition

BioSig CEO and Streamex co-founder, Henry McPhie, addressed the stock movement: “BioSig’s share price has fallen 27.4% upon market open on Tuesday.” However, “notably, the stock itself remains up 541% over the preceding six months.” He further stated that their entry into tokenized gold directly puts them in competition with established Real World Asset (RWA) players experiencing significant market traction and liquidity.

Existing competitors include Paxos Gold (PAXG) and Tether Gold (XAUT), both representing tokenized gold backed by physical reserves. While PAXG ($926M market cap) and XAUT ($814.5M) currently dominate the tokenized gold landscape (representing 98.9% of the market), the new company anticipates a “slightly different” approach focused on seeding liquidity for gold-related tokens.

“At Streamex, our aim is to use our balance sheet capital to directly seed liquidity and facilitate the creation of gold and gold-related product tokens,” McPhie elucidated. “This approach, compared to standalone token models, holds transformative potential – specifically, our capacity to acquire gold and similar assets ourselves, tokenize them internally, and subsequently bring these novel instruments to market.“

Revenue Strategy and Timeline

The strategic roadmap envisions revenue generation through four primary channels linked to the tokenized gold fund: origination fees, tokenization fees, secondary trading fees, and realized spread income.

“We’re strategically targeting an operational launch of our first tokenized gold asset by early 2026,” McPhie confirmed.

Context: Tokenizing Commodities is a Growing RWA Trend

Tokenized Real World Assets (RWA) continue their trajectory as a dominant theme within the cryptocurrency ecosystem. While tokenized commodities constitute a still-emerging segment within this broader RWA market (accounting for only 6.6% of the $24.5 billion total tokenization market), their presence is increasing.

According to RWA.xyz, gold constitutes the overwhelmingly dominant portion (94.5%) of the current tokenized commodities market, valued at a collective $1.62 billion (leaving a negligible $362M for silver and platinum). Statista projects the total general commodities market to reach a staggering $142.9 trillion by 2025.

Henry McPhie, CEO of BioSig Technologies, emphasizes the venture’s strategic alignment: “This pivot perfectly links our ambition to enter gold RWA tokenization with Streamex’s original pre-BioSig vision of capitalizing on seed liquidity in the gold market.” He observes, “…the sheer scale of the gold market presents a globally significant arbitrage opportunity and a colossal ROI potential…”, viewing it as perhaps the “most impactful RWA use case to emerge this cycle.”