Latest news with #HenryMcPhie
Yahoo
25-07-2025
- Business
- Yahoo
BioSig Technologies and Streamex: Pioneering Real-World Asset Tokenization in the U.S. Market
LOS ANGELES, CA, NEW YORK & VANCOUVER, BC, USA & CANADA, July 25th, 2025, ChainwireIn a significant move poised to transform the landscape of digital asset trading, BioSig Technologies, Inc. (NASDAQ: BSGM) has merged with Streamex Exchange Corporation, a private entity focused on the tokenization of real-world assets (RWAs), particularly in the commodities sector. This strategic merger not only diversifies BioSig's offerings but also positions the combined company to lead the emerging market of regulated RWA tokenization in the United States. The company is currently awaiting the official name change on NASDAQ that will fully integrate them into their new vision. Henry McPhie: A Visionary Leader At the helm of this transformative journey is Henry McPhie, Co-Founder and Chief Executive Officer of Streamex. A seasoned entrepreneur and technologist, McPhie has a robust background in building innovative companies at the intersection of blockchain and finance. Before leading Streamex, he founded Lynx Web3 Solutions, which provided critical infrastructure for early-stage Web3 projects. Notably, he also launched FatCats Capital, a Solana-based NFT initiative that gained quick traction, becoming the third-largest NFT project globally at its time of launch. His engineering degree from McGill University complements his entrepreneurial ventures, equipping him with both technical expertise and a visionary approach. With a mission to revolutionize real-world asset tokenization, McPhie leads Streamex in integrating blockchain solutions to bring commodities on-chain, thereby enhancing market access and liquidity for 500 million new investors across diverse sectors. Streamex's Core Offerings Streamex is committed to developing compliant primary issuance and decentralized exchange infrastructure aimed at modernizing commodity markets. Some key offerings include: Access: Connecting over 500 million new investors to a market with $3 trillion in liquidity. Diversification: Providing access to a variety of private placements in traditional capital markets. Innovation: Creating and owning individualized royalties and streaming contracts through tokenization. Legal Framework: Collaborating with regulators to ensure a safe and stable investment environment. Security: Utilizing automation and blockchain technology for secure financing documentation. Strategic Share Exchange Agreement BioSig and Streamex recently completed a definitive share exchange agreement, making Streamex a wholly owned subsidiary of BioSig. As part of this agreement, Streamex's shareholders will receive a substantial share allocation in BioSig, converting the company into a pioneer in the blockchain space with plans to enhance the tokenization of physical assets such as gold and commodities. The merger's completion marks a critical step toward tapping into the approximately $142 trillion global commodities market, with a focus on accelerating the use of blockchain technology in commodity finance. Acquisition of a Regulated Broker-Dealer Adding to this momentum, BioSig recently engaged Compliance Exchange Group (CXG) to assist in acquiring a FINRA and SEC-registered broker-dealer. This acquisition aims to position Streamex as one of the first publicly traded, fully regulated RWA tokenization companies in the U.S. The broker-dealer's regulatory framework will allow Streamex to issue and trade tokenized assets under federal securities laws, expanding its market presence and providing institutional and retail investors access to gold-backed digital investment opportunities. With the global gold market valued at $22 trillion, this move is anticipated to bridge traditional finance and blockchain, offering simple, compliant access to gold investments through digital tokens. Market Resilience and Promising Forecasts The merger and acquisitions have already positively impacted BioSig's stock, which surged by 24.4% following the announcement of the share exchange. As BioSig transitions from a traditional medtech company to a multi-faceted player in the blockchain and digital asset arena, analysts predict a substantial increase in company earnings, with expectations of a 73.3% rise in 2025. Streamex is committed to holding significant amounts of physical gold, securely stored through top-tier bullion banks. These holdings will denominate the company's balance sheet in gold, promoting a recurring revenue model aligned with global trends in commodity finance. As BioSig Technologies and Streamex Exchange Corporation forge ahead together, they are set to revolutionize the way investors access real-world assets through blockchain technology. Under Henry McPhie's leadership, their commitment to compliance, innovation, and market expansion places them on the path to redefine traditional finance, bringing unprecedented opportunities in the burgeoning world of RWA tokenization. With their ambitious vision for the future and an integrated platform poised to lead the marketplace, the combined company is well-positioned to become a major player in the evolution of commodity markets, while they await the official name change on NASDAQ that solidifies their new identity. About Streamex Exchange Corporation Streamex is a gold treasury and infrastructure company building the foundation for on-chain commodity markets. With a focus on real-world asset (RWA) tokenization, Streamex is developing a vertically integrated platform that combines token issuance, trading infrastructure, and physical gold holdings positioning the Company to become one of Nasdaq's largest public holders of gold bullion. This strategic approach aligns with Streamex's mission to reshape global finance by bringing the approximately $142 trillion global commodities market on chain. By merging the security and trust of physical gold with the efficiency and transparency of blockchain, Streamex is creating scalable financial infrastructure for a new era of digital commodities. The Company plans to hold significant quantities of physical gold, securely vaulted through a top-tier bullion bank. Streamex will denominate the majority of its balance sheet in vaulted gold rather than fiat currency, supporting a long-term, value-based financial model. Combined with Streamex's Solana-based blockchain infrastructure, this strategy enables a recurring revenue model that supports the issuance of gold-backed digital assets. Streamex is a wholly owned subsidiary of BioSig Technologies, Inc. For more information on Streamex: PellPhoenix Media Permalink | © Copyright 2025 All rights reserved
Business Insider
25-07-2025
- Business
- Business Insider
BioSig Technologies and Streamex: Pioneering Real-World Asset Tokenization in the U.S. Market
In a significant move poised to transform the landscape of digital asset trading, BioSig Technologies, Inc. (NASDAQ: BSGM) has merged with Streamex Exchange Corporation, a private entity focused on the tokenization of real-world assets (RWAs), particularly in the commodities sector. This strategic merger not only diversifies BioSig's offerings but also positions the combined company to lead the emerging market of regulated RWA tokenization in the United States. The company is currently awaiting the official name change on NASDAQ that will fully integrate them into their new vision. Henry McPhie: A Visionary Leader At the helm of this transformative journey is Henry McPhie, Co-Founder and Chief Executive Officer of Streamex. A seasoned entrepreneur and technologist, McPhie has a robust background in building innovative companies at the intersection of blockchain and finance. Before leading Streamex, he founded Lynx Web3 Solutions, which provided critical infrastructure for early-stage Web3 projects. Notably, he also launched FatCats Capital, a Solana-based NFT initiative that gained quick traction, becoming the third-largest NFT project globally at its time of launch. His engineering degree from McGill University complements his entrepreneurial ventures, equipping him with both technical expertise and a visionary approach. With a mission to revolutionize real-world asset tokenization, McPhie leads Streamex in integrating blockchain solutions to bring commodities on-chain, thereby enhancing market access and liquidity for 500 million new investors across diverse sectors. Streamex's Core Offerings Streamex is committed to developing compliant primary issuance and decentralized exchange infrastructure aimed at modernizing commodity markets. Some key offerings include: Access: Connecting over 500 million new investors to a market with $3 trillion in liquidity. Diversification: Providing access to a variety of private placements in traditional capital markets. Innovation: Creating and owning individualized royalties and streaming contracts through tokenization. Legal Framework: Collaborating with regulators to ensure a safe and stable investment environment. Security: Utilizing automation and blockchain technology for secure financing documentation. Strategic Share Exchange Agreement BioSig and Streamex recently completed a definitive share exchange agreement, making Streamex a wholly owned subsidiary of BioSig. As part of this agreement, Streamex's shareholders will receive a substantial share allocation in BioSig, converting the company into a pioneer in the blockchain space with plans to enhance the tokenization of physical assets such as gold and commodities. The merger's completion marks a critical step toward tapping into the approximately $142 trillion global commodities market, with a focus on accelerating the use of blockchain technology in commodity finance. Acquisition of a Regulated Broker-Dealer Adding to this momentum, BioSig recently engaged Compliance Exchange Group (CXG) to assist in acquiring a FINRA and SEC-registered broker-dealer. This acquisition aims to position Streamex as one of the first publicly traded, fully regulated RWA tokenization companies in the U.S. The broker-dealer's regulatory framework will allow Streamex to issue and trade tokenized assets under federal securities laws, expanding its market presence and providing institutional and retail investors access to gold-backed digital investment opportunities. With the global gold market valued at $22 trillion, this move is anticipated to bridge traditional finance and blockchain, offering simple, compliant access to gold investments through digital tokens. Market Resilience and Promising Forecasts The merger and acquisitions have already positively impacted BioSig's stock, which surged by 24.4% following the announcement of the share exchange. As BioSig transitions from a traditional medtech company to a multi-faceted player in the blockchain and digital asset arena, analysts predict a substantial increase in company earnings, with expectations of a 73.3% rise in 2025. Streamex is committed to holding significant amounts of physical gold, securely stored through top-tier bullion banks. These holdings will denominate the company's balance sheet in gold, promoting a recurring revenue model aligned with global trends in commodity finance. As BioSig Technologies and Streamex Exchange Corporation forge ahead together, they are set to revolutionize the way investors access real-world assets through blockchain technology. Under Henry McPhie's leadership, their commitment to compliance, innovation, and market expansion places them on the path to redefine traditional finance, bringing unprecedented opportunities in the burgeoning world of RWA tokenization. With their ambitious vision for the future and an integrated platform poised to lead the marketplace, the combined company is well-positioned to become a major player in the evolution of commodity markets, while they await the official name change on NASDAQ that solidifies their new identity. About Streamex Exchange Corporation Streamex is a gold treasury and infrastructure company building the foundation for on-chain commodity markets. With a focus on real-world asset (RWA) tokenization, Streamex is developing a vertically integrated platform that combines token issuance, trading infrastructure, and physical gold holdings positioning the Company to become one of Nasdaq's largest public holders of gold bullion. This strategic approach aligns with Streamex's mission to reshape global finance by bringing the approximately $142 trillion global commodities market on chain. By merging the security and trust of physical gold with the efficiency and transparency of blockchain, Streamex is creating scalable financial infrastructure for a new era of digital commodities. The Company plans to hold significant quantities of physical gold, securely vaulted through a top-tier bullion bank. Streamex will denominate the majority of its balance sheet in vaulted gold rather than fiat currency, supporting a long-term, value-based financial model. Combined with Streamex's Solana-based blockchain infrastructure, this strategy enables a recurring revenue model that supports the issuance of gold-backed digital assets. Streamex is a wholly owned subsidiary of BioSig Technologies, Inc.
Yahoo
17-07-2025
- Business
- Yahoo
Streamex (BSGM) CEO Henry McPhie Highlights BSGM Merger and RWA Tokenization Strategy in Live TV Interview
New York, USA, July 17th, 2025, ChainwireIn a live financial television interview, Streamex CEO Henry McPhie unveiled new details surrounding the company's strategic merger with BioSig Technologies (NASDAQ: BSGM), which officially positions Streamex as one of the first publicly traded real-world asset (RWA) tokenization companies focused on the $142 trillion commodities market. The interview aired just days after the highly anticipated Circle IPO, which McPhie noted has signaled a 'very bullish market for crypto-related stocks.' 'We were lucky to get to the market even before the Circle IPO,' said McPhie. 'With our merger with BSGM, we've brought Streamex to the Nasdaq, allowing us to deliver a truly innovative public vehicle for commodities tokenization.' The newly merged entity aims to bring real-world commodities on-chain through financial products tailored specifically to the unique dynamics of the sector. According to McPhie, the company's mission centers on the democratization of capital and efficiency of assets — two core principles enabled by blockchain tokenization. 'With tokenization, we can create financial instruments that don't exist today in the commodity space,' he added. 'It's about unlocking value, liquidity, and access.' Backing this mission are key industry veterans now serving as advisors, including: Shaun Rosen, founder of what was once North America's largest mining operation (Osoco Mining) Frank Giustra, a serial entrepreneur who has built multiple companies exceeding $50 billion in combined valuation Streamex is fully regulated in Canada and is actively pursuing U.S. broker-dealer registration to further solidify its presence in North America's financial markets. 'As a first mover in this space, we're paving the path for commodity tokenization to go mainstream — bringing novel, efficient assets to public investors,' said McPhie. About Streamex Streamex is building the future of real-world asset (RWA) tokenization, with a focus on commodities and hard assets. The company's mission is to create financial instruments that bring efficiency, liquidity, and broader access to global markets through blockchain-based PellPhoenix Mediapr@ | © Copyright 2025 All rights reserved
Business Insider
17-07-2025
- Business
- Business Insider
Streamex (BSGM) CEO Henry McPhie Highlights BSGM Merger and RWA Tokenization Strategy in Live TV Interview
New York, USA, July 17th, 2025, Chainwire In a live financial television interview, Streamex CEO Henry McPhie unveiled new details surrounding the company's strategic merger with BioSig Technologies (NASDAQ: BSGM), which officially positions Streamex as one of the first publicly traded real-world asset (RWA) tokenization companies focused on the $142 trillion commodities market. The interview aired just days after the highly anticipated Circle IPO, which McPhie noted has signaled a 'very bullish market for crypto-related stocks.' 'We were lucky to get to the market even before the Circle IPO,' said McPhie. 'With our merger with BSGM, we've brought Streamex to the Nasdaq, allowing us to deliver a truly innovative public vehicle for commodities tokenization.' The newly merged entity aims to bring real-world commodities on-chain through financial products tailored specifically to the unique dynamics of the sector. According to McPhie, the company's mission centers on the democratization of capital and efficiency of assets — two core principles enabled by blockchain tokenization. 'With tokenization, we can create financial instruments that don't exist today in the commodity space,' he added. 'It's about unlocking value, liquidity, and access.' Backing this mission are key industry veterans now serving as advisors, including: Shaun Rosen, founder of what was once North America's largest mining operation (Osoco Mining) Frank Giustra, a serial entrepreneur who has built multiple companies exceeding $50 billion in combined valuation Streamex is fully regulated in Canada and is actively pursuing U.S. broker-dealer registration to further solidify its presence in North America's financial markets. 'As a first mover in this space, we're paving the path for commodity tokenization to go mainstream — bringing novel, efficient assets to public investors,' said McPhie. Streamex is building the future of real-world asset (RWA) tokenization, with a focus on commodities and hard assets. The company's mission is to create financial instruments that bring efficiency, liquidity, and broader access to global markets through blockchain-based innovation. Contact Michael Pell
Business Insider
14-07-2025
- Business
- Business Insider
BSGM Engages CXG to Acquire FINRA/SEC-Registered Broker-Dealer to Expand Publicly Traded RWA Tokenization Operations
Will Position Streamex as one of the first NASDAQ-listed SEC and FINRA Compliant Issuers of RWA Tokens in the U.S. BioSig Technologies, Inc. (NASDAQ: BSGM) ('BioSig'), which recently merged with Streamex Exchange Corporation ('Streamex') (together, 'BSGM' or the 'Company'), is excited to announce a critical step toward becoming one of the first fully regulated Real-World Asset ('RWA') tokenization companies trading on a major United States exchange: Streamex has engaged Compliance Exchange Group (CXG) to lead and manage the acquisition of a specific FINRA and SEC-registered broker-dealer with licensed operations. Acquisition of the broker-dealer, once complete, will create an entity with a significant first-mover advantage in U.S.-major-exchange-traded RWA-backed tokenized investment opportunities for both major institutional and retail investors in the U.S. This capability is expected to significantly accelerate adoption and network effect growth of Streamex's proprietary on-chain RWA commodity market platform. The Company will also continue to seek out other broker-dealer opportunities in other strategically advantageous countries. Management notes that the near-term vision is to provide access to fully compliant, gold-backed tokenized assets for U.S. institutional and retail investors targeting the $22 trillion global gold market within the $142 trillion commodities sector, while engaging network-effect-based accelerating growth for the Streamex proprietary on-chain RWA-backed commodity exchange and financing ecosystem. First-Mover Advantage: Streamex will be among the first Nasdaq-listed companies to issue regulated, gold-backed RWA tokens. Regulatory Compliance: Full compliance with both FINRA and SEC regulations, aligning with emerging U.S. digital asset frameworks. Scalable Platform: Streamex's Solana-based blockchain enables fast, low-cost issuance and trading of gold-backed tokens, making gold investment accessible to all, with additional commodities markets to come. Gold-Backed Growth: Streamex aims to hold significant quantities in vaulted gold by 2026, denominating its balance sheet in physical gold to support a recurring revenue model. Why It Matters Near term, the acquisition positions Streamex to bridge traditional finance and blockchain, offering a seamless way to invest in physical gold through digital tokens. Investors can buy fractional shares of gold with the ease of cryptocurrency, while businesses gain new ways to raise capital. This move aligns with global trends, as institutions like BlackRock and Goldman Sachs tokenize billions in assets, and U.S. regulators begin to clarify digital asset rules. 'The acquisition will be a defining moment for Streamex and BioSig,' said Henry McPhie, CEO of BioSig and Co-Founder of Streamex. 'Acquiring a regulated broker-dealer will help us build the infrastructure to lead the gold tokenization market in the U.S. Our Nasdaq listing and gold-backed platform will unlock unprecedented opportunities for investors and reshape the $22trillion gold market.' Morgan Lekstrom, Executive Chairman of the Company, added: 'Tokenizing gold is the future of commodity finance. Streamex's regulated approach and public market presence make it a pioneer in this transformative space, with the potential to redefine how investors access real assets.' About the Acquisition The FINRA and SEC-registered broker-dealer, with a presence in the U.S., will provide Streamex with the regulatory framework to issue and trade tokenized assets under federal securities laws. Compliance Exchange Group (CXG), a leader in broker-dealer compliance, will oversee the acquisition to ensure seamless integration and adherence to regulations. This acquisition is a critical step toward scaling Streamex's RWA tokenization platform nationwide. Streamex is a gold treasury and infrastructure company building the foundation for on-chain commodity markets. With a focus on real-world asset (RWA) tokenization, Streamex is developing a vertically integrated platform that combines token issuance, trading infrastructure, and physical gold holdings, positioning the Company to become one of Nasdaq's largest public holders of gold bullion. This strategic approach aligns with Streamex's mission to reshape global finance by bringing the approximately $142 trillion global commodities market on chain. By merging the security and trust of physical gold with the efficiency and transparency of blockchain, Streamex is creating scalable financial infrastructure for a new era of digital commodities. The Company plans to hold significant quantities of physical gold, securely vaulted through a top-tier bullion bank. Streamex will denominate the majority of its balance sheet in vaulted gold rather than fiat currency, supporting a long-term, value-based financial model. Combined with Streamex's Solana-based blockchain infrastructure, this strategy enables a recurring revenue model that supports the issuance of gold-backed digital assets. Streamex is a wholly owned subsidiary of BioSig Technologies, Inc. CXG specializes in building, managing, and supporting Broker-Dealer infrastructure, offering full-service compliance, registration, principal outsourcing, and advisory services. About BioSig Technologies, Inc. BioSig Technologies, Inc. is a medical device technology company with an advanced digital signal processing technology platform, the PURE EP Platform, that delivers insights to electrophysiologists for ablation treatments of cardiovascular arrhythmias. The PURE EP Platform enables electrophysiologists to acquire raw signal data in real-time—absent unnecessary noise or interference—to maximize procedural success and minimize unnecessary inefficiencies. As physician advocates, we believe that the ability to maintain the integrity of intracardiac signals with precision and clarity without driving up procedural costs has never been more pertinent. Forward-Looking Statements This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be preceded by the words 'intends,' 'may,' 'will,' 'plans,' 'expects,' 'anticipates,' 'projects,' 'predicts,' 'estimates,' 'aims,' 'believes,' 'hopes,' 'potential,' or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known and unknown risks and uncertainties, many of which are beyond our control. It is possible that our actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements, depending on factors including whether we will be able to realize the benefits of the acquisition of Streamex, whether shareholder approval of the acquisition will be obtained, and whether we will be able to maintain compliance with Nasdaq's listing criteria in connection with the acquisition and otherwise. For a discussion of other risks and uncertainties, and other important factors, any of which could cause our actual results to differ from those contained in forward-looking statements, see our filings with the Securities and Exchange Commission, including the section titled 'Risk Factors' in our Annual Report on Form 10-K, filed with the SEC on April 15, 2025. We assume no obligation to publicly update or revise our forward-looking statements as a result of new information, future events or otherwise, except as required by law. Contacts Press Contact Phoenix MGMT Henry McPhie
