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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.

3 hours ago

On July 8th, the U.S.-listed company BioSig (BSGM) announced that it has obtained an additional funding of up to $1.1 billion after its merger with Streamex. This includes $100 million in convertible bonds and a $1 billion equity financing facility. The purpose of this funding is to drive the tokenization of commodities and a gold-backed treasury management strategy. The initial $75 million is scheduled to be delivered on October 7, 2025. BioSig intends to bring the commodities market onto the blockchain in order 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.
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