$1.1B Deal to Bring 'Crypto Gold' and RWA On-Chain

The tokenization of real-world assets (RWA) is being seen as the next frontier for the crypto industry, promising to unlock liquidity for massive markets. Recently, one of the largest deals targeting this sector was just announced, involving publicly-listed companies and major names on Wall Street.

According to a Foresight News report on July 3rd, the U.S.-listed medical device technology company BioSig Technologies has merged with another listed company, Streamex Exchange Corporation. More importantly, the post-merger entity has signed a massive financing agreement worth $1.1 billion. The goal of this deal is clear: to aggressively push into the RWA tokenization business.

The joint venture's vision is immense: to bring the $142 trillion commodity market on-chain. Their starting point will be gold, one of the oldest and most widely recognized stores of value in the world. Tokenizing gold not only makes the asset more accessible to crypto investors but can also create new applications in the decentralized finance (DeFi) space.

To execute this ambitious plan, the company will be financed through a complex structure, including the sale of $100 million in secured senior convertible bonds and a $1 billion equity credit line.

The involvement of Cantor Fitzgerald as a co-lead placement agent for the deal lends it immense credibility and institutional power. Cantor Fitzgerald is no stranger to either financial world. It is a major financial institution on Wall Street and is also known as the asset manager for Tether, the issuer of the world's largest stablecoin, USDT. This connection shows an increasingly tight network between major Wall Street players and the pillars of the crypto ecosystem. Cantor Fitzgerald is playing the role of a key bridge, helping to connect traditional capital with the most innovative digital asset projects.

The merger and capital raise by BioSig and Streamex is one of the strongest signals yet that the RWA sector is being taken seriously by institutional investors. This is a large-scale, well-funded effort backed by Wall Street to build the infrastructure for bringing real-world assets onto the blockchain.