BSGM CEO Henry McPhie Discusses Merger and RWA Tokenization Strategy During Live TV Interview (Regarding Streamex)
Streamex, a publicly traded company focused on real-world asset (RWA) tokenization in the commodities market, is making significant strides in its mission to democratize capital and improve the efficiency of assets.
In a financial television interview just days after the Circle IPO, which McPhie noted signaled a "very bullish market for crypto-related stocks," Streamex CEO Henry McPhie announced the strategic merger with BioSig Technologies, positioning the company for a potential Nasdaq listing under the ticker BSGM. This merger is a strategic move to enhance Streamex’s financial strength and accelerate its technological advancements in RWA tokenization, with the aim of bringing the approximate $142 trillion commodities market onto the blockchain, powered by Streamex and Solana technology.
Key industry veterans, including Shaun Rosen, the founder of North America’s largest mining operation, and Frank Giustra, a prominent serial entrepreneur with multiple companies exceeding $50 billion in combined valuation, are serving as advisors for the merged entity. These advisors bring deep expertise in commodities and business growth to guide Streamex’s strategy.
Streamex’s core mission is to tokenize physical commodities such as gold, creating more liquid, accessible financial instruments for investors. The company plans to hold significant amounts of vaulted physical gold by 2026, denominating its balance sheet in physical gold to support recurring tokenization operations. This approach targets unlocking value and liquidity in the commodity space via blockchain-enabled financial products.
To further expand its publicly traded RWA tokenization operations, Streamex is engaging CXG to acquire a FINRA/SEC-registered broker-dealer license. This move towards greater regulatory compliance and institutional legitimacy is supported by recent financing agreements that have secured up to $1.1 billion USD from leading institutional investors, funding Streamex’s growth financing and gold-backed treasury strategy.
For more information about Streamex, please contact Michael Pell from Phoenix Media at [email protected]. The company is fully regulated in Canada and is focused on commodities and hard assets for RWA tokenization, aiming to create financial instruments for efficiency, liquidity, and broader access to global markets through blockchain-based innovation. The merged entity aims to bring real-world commodities on-chain through financial products tailored to the sector.
- Streamex, following the bullish crypto market indicated by the Circle IPO, is merging with BioSig Technologies for prospective Nasdaq listing, aiming to leverage technology to bring the $142 trillion commodities market onto the blockchain.
- Key industry veterans, such as Shaun Rosen from North America's largest mining operation and Frank Giustra, with multiple companies exceeding $50 billion in combined valuation, have been appointed as advisors for Streamex to utilize their expertise in commodities and business growth.
- To facilitate increased regulatory compliance and institutional legitimacy, Streamex is collaborating with CXG to secure a FINRA/SEC-registered broker-dealer license, enabling it to expand its publicly traded RWA tokenization operations.
- By holding significant amounts of vaulted physical gold and denominating its balance sheet in physical gold, Streamex aims to tokenize physical commodities like gold, fostering liquid, accessible financial instruments in the cryptocurrency, finance, and technology space.
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