BioSig and Streamex have secured $1.1 billion in growth financing to enter the on-chain commodities market, focusing initially on gold. The companies plan to merge and establish a gold-backed treasury business specializing in tokenized financial instruments. Specifically, $100 million of the funding comes from convertible debentures, while the remaining $1 billion is an equity line of credit. The move into tokenized gold positions them against established players like Paxos and Tether, which dominate the current market. BioSig CEO Henry McPhie stated that their approach will differ by using capital to seed liquidity for creating gold-related tokens and that the first tokenized gold asset is expected to launch by early 2026. Their revenue generation strategy involves origination fees, tokenization fees, secondary trading fees, and spread income. Although tokenized commodities represent a smaller segment of the tokenization market, they are growing amidst rising interest.

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