BioSig Technologies, Inc., in collaboration with Streamex Exchange Corporation, announced a significant step toward becoming one of the first regulated issuers of Real-World Asset (RWA) tokens on NASDAQ, facilitating the acquisition of a licensed broker to comply with SEC and FINRA regulations.
Announcement of Broker Acquisition
Streamex is pursuing the acquisition of a FINRA and SEC-registered broker-dealer with licensed U.S. operations. This step is aimed at creating a competitive edge in the U.S. market for RWA-backed token investment opportunities targeting institutional and retail investors.
Strategic Advantages for Streamex
Upon completion of the deal, Streamex will become one of the first Nasdaq-listed companies to issue regulated gold-backed RWA tokens. Adherence to SEC and FINRA regulations will create a robust framework for trading tokens linked to gold and other commodities.
Significance of This Move for the Company
This acquisition allows for the integration of traditional finance with blockchain technology, enabling seamless investment in physical gold through digital tokens. It also aligns with global trends where large financial institutions are starting to tokenize assets.
By acquiring a licensed broker, Streamex is positioned to leverage opportunities in the growing RWA tokenization market, holding significant implications for the future of financial investments.