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BioSig and Streamex, Two NASDAQ-Listed Companies, Merge to Raise $1.1 Billion to Support RWA Tokenization, Cantor Fitzgerald Leads Placement

Summary: In a recent development, NASDAQ-listed medical device technology company BioSig Technologies has announced a merger with another NASDAQ-listed company, Streamex Exchange Corporation. The companies have also signed a financing agreement worth up to $1.1 billion to advance RWA tokenization business, focusing on bringing the $142 trillion commodity market onto the blockchain with a specific emphasis ...

In a recent development, NASDAQ-listed medical device technology company BioSig Technologies has announced a merger with another NASDAQ-listed company, Streamex Exchange Corporation. The companies have also signed a financing agreement worth up to $1.1 billion to advance RWA tokenization business, focusing on bringing the $142 trillion commodity market onto the blockchain with a specific emphasis on gold tokenization. The deal involves the sale of $100 million worth of senior secured convertible bonds and a $1 billion equity line of credit, with Tether's asset custodian Cantor Fitzgerald serving as the co-lead placement agent. (Businesswire)

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