From Yahoo Finance: 2025-05-25 18:31:00

BioSig Technologies, Inc. (NASDAQ:BSGM) is acquiring Streamex Exchange Corp to transition from medical tech to blockchain-powered real-world asset tokenization. Streamex will become a subsidiary, with its shareholders holding 75% of BioSig’s common stock pending approval. Co-founder Henry McPhie will be CEO, signaling a significant shift in company focus.

Strategic advisors like Frank Giustra have joined the transaction, highlighting BioSig’s entry into the $142.85 trillion global commodity sector. Streamex’s infrastructure will leverage tokenization to address inefficiencies in commodity trading and settlement, giving them a competitive edge in the market.

BioSig Technologies, Inc. faces uncertainty with the industry shift, diluting existing shareholder equity and exposing the company to operational risks. Technical details about Streamex’s blockchain framework have not been disclosed, adding to the uncertainties surrounding the transition.

Institutional transaction in BioSig Technologies, Inc. has increased by 218.41%, while insider transaction remains neutral at 0.00% over the last six months. This indicates a significant interest from institutional investors in the company amidst its transition to blockchain-powered asset tokenization.



Read more at Yahoo Finance: BioSig Technologies, Inc. (BSGM) Turns to Tokenization with Streamex Acquisition