BioSig Technologies and Streamex Explore $1.1 Billion Gold-Backed Treasury Strategy Using Solana

Key Points

1. BioSig and Streamex aim to raise $1.1 billion to tokenize gold on Solana, targeting improved liquidity and transparency in the commodities market.

2. The initiative is supported by institutional investors like Cantor Fitzgerald, Clear Street, and Needham & Company, with advisory from CIBC World Markets.

3. The global onchain RWA market is valued at approximately $24.5 billion, with Solana accounting for $418 million, highlighting its growing role in tokenization.

4. The $1.1 billion raise will be structured through convertible notes, offering investors exposure to BioSig’s common stock.

5. Tokenized gold volume has surpassed $19 billion, rivaling major gold ETFs, indicating significant market potential for blockchain-based commodities.