BioSig and Streamex Sign $1.1 Billion Financing Agreement for Gold Tokenization Initiative on Solana
According to Jinse Finance, BioSig Technologies (BSGM), a medical technology company that recently merged with tokenization firm Streamex, announced that it has signed a definitive agreement for financing of up to $1.1 billion. The funds will be used to support a gold-backed treasury model and to expand its tokenization platform for real-world assets (RWA) such as gold and other commodities. Streamex plans to issue tokens backed by gold and other commodities through its platform built on the Solana (SOL) blockchain.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Apple (AAPL.US) downgraded to "Hold" by Loop Capital: iPhone shipment cuts likely difficult to offset, valuation at five-year high
Loop Capital downgraded Apple's rating due to concerns over iPhone shipments.
LS Electric Q3 Operating Profit Rises 131.71% Year on Year
Micron Technology (MU.US) invests in expanding Indium’s New York plant: Restarts domestic processing of critical minerals, secures long-term supply of high-purity materials
Micron Technology is investing in the critical minerals processing sector to enhance the U.S. supply chain ecosystem.
Deputy Governor of the Reserve Bank of Australia warns of “significantly worsening” inflation outlook; probability of rate hike in November rises to 43%
Hauser stated on Wednesday that Australia’s inflation outlook appears “significantly worse” than the Reserve Bank of Australia’s forecast in August, mainly due to rising oil and technology product prices, as well as persistent domestic pressures.
Crypto prices
More
