In a live financial television interview, Streamex CEO Henry McPhie discussed the merger with BioSig Technologies, making Streamex one of the first publicly traded companies focused on the tokenization of real-world assets.
Strategic Merger with BioSig Technologies
Henry McPhie unveiled details of the strategic merger between Streamex and BioSig Technologies which occurred days ago, allowing the company to list on Nasdaq. This combination is regarded as a significant step in the development of a tokenized real-world asset market targeting the $142 trillion commodities sector.
Mission of Real-World Asset Tokenization
According to McPhie, the primary objective of the newly merged entity is to tokenize real-world commodities and create financial instruments that currently do not exist in this field. He emphasized that tokenization presents an opportunity to create innovative assets that ensure liquidity and access to funding.
Team and Future Plans
Streamex has enlisted seasoned industry professionals as advisors, including individuals such as Shaun Rosen, founder of one of North America's largest mining operations, and Frank Giustra, a serial entrepreneur. McPhie also stated intentions to secure U.S. broker-dealer registration to further solidify the company’s presence in North America's financial markets.
The merger of Streamex with BioSig Technologies emphasizes the growing interest in the tokenization of real-world assets and opens new opportunities for investors and market participants.
