Shamii

07/09 10:14

BioSig and Streamex Plan to Raise $1.1 Billion for

BioSig and Streamex Plan to Raise $1.1 Billion for Solana Gold-Backed Money Management Strategy

Nasdaq-listed medical device technology company BioSig Technologies and real-world asset tokenization company Streamex are seeking to raise up to $1.1 billion in financing to launch a gold-backed money management strategy powered by Solana.

BioSig and Streamex said in a July 8 press release that the two companies have entered into a definitive agreement to raise up to $1.1 billion from a leading institutional investor.

Streamex and BioSig plan to raise the financing through the issuance of $100 million in senior secured convertible notes and up to $1 billion in equity credit lines. The notes are convertible into BioSig common stock. 

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