In a reside monetary tv interview, Streamex CEO Henry McPhie unveiled new particulars surrounding the corporate’s strategic merger with BioSig Applied sciences (NASDAQ: BSGM), which formally positions Streamex as one of many first publicly traded real-world asset (RWA) tokenization corporations targeted on the $142 trillion commodities market.
The interview aired simply days after the extremely anticipated Circle IPO, which McPhie famous has signaled a “very bullish marketplace for crypto-related shares.”
“We had been fortunate to get to the market even earlier than the Circle IPO,” stated McPhie. “With our merger with BSGM, we’ve introduced Streamex to the Nasdaq, permitting us to ship a very revolutionary public automobile for commodities tokenization.”
The newly merged entity goals to deliver real-world commodities on-chain by monetary merchandise tailor-made particularly to the distinctive dynamics of the sector.
Based on McPhie, the corporate’s mission facilities on the democratization of capital and effectivity of property — two core ideas enabled by blockchain tokenization.
“With tokenization, we will create monetary devices that don’t exist right now in the commodity area,” he added. “It’s about unlocking worth, liquidity, and entry.”
Backing this mission are key trade veterans now serving as advisors, together with:
- Shaun Rosen, founding father of what was as soon as North America’s largest mining operation (Osoco Mining)
- Frank Giustra, a serial entrepreneur who has constructed a number of corporations exceeding $50 billion in mixed valuation
Streamex is absolutely regulated in Canada and is actively pursuing U.S. broker-dealer registration to additional solidify its presence in North America’s monetary markets.
“As a primary mover in this area, we’re paving the trail for commodity tokenization to go mainstream — bringing novel, environment friendly property to public traders,” stated McPhie.
About Streamex
Streamex is constructing the way forward for real-world asset (RWA) tokenization, with a concentrate on commodities and onerous property. The corporate’s mission is to create monetary devices that deliver effectivity, liquidity, and broader entry to world markets by blockchain-based innovation.
Contact
Michael Pell
Phoenix Media
[email protected]
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