BioSig and Streamex Secure $1.1B to Launch Tokenized Gold Treasury Business
BioSig and Streamex have secured $1.1 billion in growth financing to pivot into onchain commodities, starting with gold. The funding will establish a gold-backed treasury business focused on tokenized financial instruments. BioSig’s share price fell 27.4% on the news, despite being up 541% in the past six months. Paxos Gold (PAXG) and Tether Gold (XAUT) are competitors in the tokenized gold market, with PAXG having a market cap of $926 million and XAUT at $814.5 million. The new company plans to generate revenue from tokenized gold through various fees and aims to launch its first tokenized gold asset by early 2026.
RWA tokenization has become a trend in 2025, blending traditional finance and digital assets. Tokenized commodities make up a small portion of the RWA market, with a total market cap of $1.62 billion, representing 6.6% of the overall tokenization market. Paxos Gold and Tether Gold dominate the tokenized commodities market, accounting for 98.9% of the total value. Statista projects the general commodities market to reach $142.9 trillion in 2025.
Read more at Cointelegraph: BioSig, Streamex Secure $1.1B to Help Bring Commodities On-Chain