BioSig Technologies Inc. has merged with Streamex to focus its efforts on commodity tokenization utilizing blockchain technology. The project signifies a significant shift in the $142 trillion commodity market.
Funding and Institutional Backing in BioSig's Commodity Shift
On July 8, 2025, BioSig Technologies Inc. announced its merger with Streamex and secured $1.1 billion in funding for a blockchain-based commodity tokenization project. This merger, led by CEO Henry McPhie, marks a key shift from medical technology to commodity tokenization.
Blockchain Opportunity: BioSig Targets $142 Trillion Commodity Market
The BioSig and Streamex project aims to integrate commodity trading onto blockchain platforms, significantly enhancing liquidity and transparency in the market. Focusing on gold-backed assets, this initiative seeks to reshape the $142 trillion market landscape.
Legacy of Commodity Tokenization and Future Outlook
BioSig's technological initiative reflects past attempts at commodity tokenization, such as Pax Gold, but is now deeply supported by institutional investments. This shift might attract financial markets to explore tokenized commodities further and result in new technological integrations within financial infrastructure.
The merger between BioSig and Streamex lays the groundwork for significant changes in the commodities market through blockchain technology, possibly creating a new direction for financial markets.