In a major strategic shift, BioSig and Streamex are diving into the tokenized commodities space with plans to launch blockchain-based gold products.
Backed by a fresh $1.1 billion in growth capital, the two firms are preparing to challenge established players like Paxos and Tether by taking a different route into the digital asset sector.
The funding package, composed of $100 million in convertible debt and a $1 billion equity credit line, is earmarked for building a gold-backed digital finance arm. This move follows a letter of intent to merge, signed in early May, that sets the stage for a new entity focused on tokenizing real-world assets.
Rather than replicating the typical 1:1 tokenization model, the new venture plans to directly purchase gold and related instruments using its own capital. These assets will then be transformed into digital products tradable on blockchain networks. BioSig CEO and Streamex co-founder Henry McPhie says this will allow the firm to create liquidity in-house and maintain tighter control over its offerings.
The goal is to roll out the first tokenized gold instrument by early 2026, generating revenue through a blend of issuance fees, trading commissions, tokenization charges, and spread-based income. But despite the ambitious roadmap, BioSig’s stock took a hit after the announcement, dropping over 27% in Tuesday trading. Still, the company remains up more than 500% over the past six months.
Tokenized gold has seen renewed interest in 2025, though it remains a small slice of the $24.5 billion tokenized RWA (real-world asset) market. Gold products—dominated by Paxos Gold (PAXG) and Tether Gold (XAUT)—currently account for nearly 99% of the $1.62 billion tokenized commodities segment.
BioSig and Streamex hope to carve out space in this market by offering a fresh take on blockchain-based commodity investment. As traditional finance and digital assets continue to converge, the venture represents yet another signal that real-world value is increasingly moving onchain.
Source: https://coindoo.com/new-gold-backed-crypto-venture-secures-billion-dollar-funding/