Biosig technology (BSGM)a fresh merger of a medical technology company with tokenization company Streamex, said it had signed a confirmed agreement $1.1 billion in financing Funding financial models with gold backing and expanding their real-world tokenization platforms (RWA) Like gold and other commodities.
The capital pay raise includes $100 million in senior mortgage convertible bonds and $1 billion in equity credit. Bonds accumulate 4% interest and can be converted into common stock, giving holders a considerable right to a stake in equity positions. Under the equity credit line, the company may issue new shares and sell up to $1 billion in common stock to investors for 36 months.
BSGM shares fell as much as 43% to $6.54 on Tuesday after the announcement, perhaps a concern about potential shareholder dilution. The price stabilized at around $9, down 20% during the day. The market value based on the current price is about $1 billion. Yahoo Financial Data. Nevertheless, the two companies increased by about 600% Announce a merger May 5.
Gold Treasury Strategy
A series of companies recently said they are focusing on cryptocurrency strategies to raise funds by selling stocks and issuing debts and investing in tokens like Bitcoin
and Ethereum (ETH).
Biosig is taking another approach. The merged entity positioned itself as a gold treasury company while betting on a fiery tokenization trend. Token AssetsReports, or traditional tools such as stocks, funds and commodities on blockchain tracks, are expected to become a trillion-dollar market in the coming years. BCG,,,,, McKinsey and Standard charter explain.
The company plans to hold physical gold through top gold bar banks and list most of its balance sheets in gold instead of fiat currencies.
Meanwhile, Streamex plans to issue tokens supported by gold and other commodities through its Solana-based platform (Sol) Blockchain.
“By combining the value of physical gold with innovation in blockchain, we are building a company based on what we consider to be the most trusted value store in the world, while enabling a scalable, high-return business model through tokenization,” said Henry McPhie, CEO of BioSig and co-founder of StreamEx.
“Our mission is to unlock liquidity, transparency and accessibility in the $1.42 trillion commodity market, and this milestone is just the beginning,” he added.
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