Streamex has announced a strategic step towards becoming one of the first issuers of real-world asset tokens on NASDAQ following its merger with BioSig Technologies. Streamex plans to acquire a registered broker to comply with FINRA and SEC regulations.
Strategy of Streamex
Streamex intends to offer tokenized assets backed by physical gold for both institutional and retail investors in the U.S. The tokenization platform is expected to target the $22 trillion global gold market.
Advantages of Acquiring a Broker
Acquiring a FINRA and SEC-registered broker will create a significant market advantage, placing Streamex among the first companies to issue regulated gold-backed tokens. This is anticipated to enhance accessibility for gold investments and improve trading speed and efficiency.
Importance of Asset Tokenization
Tokenizing gold allows investors to purchase fractional shares of physical gold using a platform that simplifies the investment process. This move aligns with global trends where companies like BlackRock and Goldman Sachs are actively tokenizing their assets.
The acquisition of a registered broker represents a crucial step for Streamex, potentially transforming investment approaches to real-world assets by combining the security of physical assets with digital innovation.