BioSig Technologies, Inc. (Nasdaq: BSGM), following its merger with Streamex Exchange Corporation, has secured growth financing totaling up to US$1.1 billion from a leading institutional investor. This funding aims to position the combined entity as a significant public holder of gold bullion on Nasdaq and advance its strategy to tokenize the global commodities market.
The financing package includes US$100 million in senior secured convertible debentures and a US$1 billion equity line of credit. The debentures, purchased at 96% of their principal amount, have a 24-month maturity and accrue interest at 4% per annum, increasing to 18% upon an event of default. They are convertible into shares of the Company’s common stock, secured by a first-priority lien on certain assets of the Company and its subsidiaries. The equity line of credit grants the Company the right, but not the obligation, to sell up to US$1 billion in common stock to the investor over a 36-month period.
The Company plans to file a registration statement with the Securities and Exchange Commission (SEC) to register shares issuable from the debenture conversions and potential equity line sales. The initial US$75 million of senior secured convertible debentures and the equity line of credit are anticipated to close around October 7, 2025, pending Nasdaq listing rule approvals from shareholders and other customary closing conditions. The remaining US$25 million in debentures is expected to close upon the effectiveness of the Resale Registration Statement.
This transaction is intended to solidify the Company’s role as a gold treasury entity, with continued investment in Real-World Asset (RWA) blockchain technology. The objective is to enhance financial flexibility and pursue opportunities within its core markets.
Henry McPhie, BioSig CEO and Streamex Co-Founder, stated, “This financing marks a pivotal moment not only for Streamex and BioSig, but for the evolution of global financial markets. By combining the value of physical gold with the innovation of blockchain, we are building a company grounded in what we believe to be the world’s most trusted store of value while enabling a scalable, high-return business model through tokenization. Our mission is to unlock liquidity, transparency, and accessibility across the $142 trillion commodities market, and this milestone is just the beginning.”
Morgan Lekstrom, Co-Founder of Streamex and Chairman of BioSig, added, “The on-chain integration of gold and commodities represents a transformative evolution in global finance. While many treasury models exist, the approach pioneered by Streamex and BioSig combining physical gold with a scalable, revenue-generating tokenization platform introduces an entirely new value proposition for token holders. This is a landmark innovation, and we are committed to demonstrating to the market and our shareholders the full potential of this platform to redefine how real-world assets are accessed, valued, and monetized.”
Streamex anticipates that RWA tokenization, particularly for gold, will gain increasing importance, driven by a positive gold price outlook and projected rapid adoption by traditional financial institutions. The World Gold Council reports daily gold bullion trading volume at US$233 billion, significantly higher than Bitcoin’s US$55 billion, with the total gold market exceeding Bitcoin’s by over 11 times. The total addressable market for RWA tokenization is forecasted to reach US$16 trillion by 2030, according to Boston Consulting Group and ADDX.
Streamex plans to hold substantial quantities of gold bullion, secured through allocated vaulting with a top-tier bullion bank, and aims to denominate the majority of its balance sheet in vaulted physical gold rather than fiat currency. The Company’s integrated technology platform, built on Solana blockchain, combined with its gold-backed balance sheet, is expected to support a scalable recurring revenue model and generate attractive returns. This is designed to facilitate the funding and issuance of various gold-related tokens, providing efficient, low-cost access to gold investments and supporting gold-related financing structures with potential for returns surpassing traditional bullion holdings.
Strategic Advisor and mining financier Frank Giustra commented, “We believe gold is the ultimate hedge against financial, economic, monetary, and geopolitical risks. Its recent performance reflects the current state of the world across these dimensions, and by all accounts, it still has significant potential for growth. We think this gold bull market has only just begun.”
Strategic Advisor and mining entrepreneur Sean Roosen stated, “I truly believe Streamex is the next evolution in mining finance, like royalty/streaming companies and ETFs in the past, but with greater reach. It opens a new channel for funding and investor access to commodity and mining assets, using modern tools to solve old problems, attracting capital, increasing transparency, and supporting project development. Built by a team with deep industry experience, Streamex will be a game-changer for how mining connects with the next generation of investors.”
The Streamex executive and leadership team, including CEO Henry McPhie and Chief Investment Officer Mitch Williams, possesses extensive experience in crypto, technology, institutional investing, and scaling multi-billion-dollar companies, with backgrounds at OppenheimerFunds, Credit Suisse, Wafra Inc., Laconic, Rio Tinto, NexMetals, and Freeport McMoRan. The company is supported by strategic advisors such as Frank Giustra, Osisko Group Co-Founder Sean Roosen, tech and commodities investor Mathew August, and Parcl Co-Founders Trevor Bacon and Kellan Grenier.
BioSig Technologies, Inc. (BSGM) is a medical device technology company known for its PURE EP™ Platform, which provides digital signal processing technology to electrophysiologists for cardiovascular arrhythmia ablation treatments.
Streamex Exchange Corporation, a wholly-owned subsidiary of BioSig, is a real-world asset (RWA) tokenization company focused on commodities. Its objective is to bring commodity markets on-chain by developing primary issuance and exchange infrastructure. Streamex’s leadership comprises executives from the financial, commodities, and blockchain sectors. The company aims to bridge traditional finance with the digital economy through tokenization, enhancing liquidity, accessibility, and efficiency for investors and institutions.
Cantor Fitzgerald & Co. and Clear Street LLC served as co-lead placement agents for the financing, with Needham & Company, LLC acting as a co-placement agent. CIBC World Markets advised the BioSig board of directors and management. Sichenzia Ross Ference Carmel LLP provided legal counsel to the Company, while Reed Smith LLP advised the placement agents.