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.