BioSig Technologies merges with Streamex Exchange Corporation and signs an $1.1 billion financing agreement to promote RWA tokenization

ChainCatcher news, according to Businesswire, Nasdaq-listed medical device technology company BioSig Technologies announced that it has merged with another Nasdaq-listed company, Streamex Exchange Corporation, and has also signed a financing agreement of up to $1.1 billion aimed at advancing the development of RWA tokenization business, bringing the $142 trillion commodity market on-chain with a focus on gold tokenization.

It is reported that the company will sell $100 million worth of preferred secured convertible bonds and a $1 billion equity credit facility, with the deal being co-led by Tether asset custodian Cantor Fitzgerald as the joint book-running manager.