Latest news with #tokenization
Khaleej Times
2 days ago
- Business
- Khaleej Times
Blockchain applications set to transform the future for global industries
Research indicates that total assets under management of tokenized real-world assets could reach $600 billion by 2030, with 10% of global GDP potentially tokenized and stored on the blockchain by 2027. OKX, a leading crypto exchange and global onchain technology company, in partnership with Blockworks Research, a crypto research platform, on Thursday announced the release of a report, titled: 'The Future of Blockchain Applications: Reshaping Global Industries,' which examines how finance, technology, brand and consumer goods, and sports and entertainment will be transformed by blockchain applications in the next 25 years. The report finds that the ongoing development of defined blockchain use cases — cryptocurrencies and stablecoins; real-world asset tokenization; decentralized apps (dApps); self-custody wallets and payments — will act as a key disruptor across these vital business sectors. The report also finds that AI and crypto will converge, enabling more effective coding and troubleshooting, with crypto creating strong incentives for AI training and deployments. According to report interviewee and Google Cloud Head of Web3 Strategy Rich Widmann: 'Blockchain is a pressure chamber of innovation... [In 20 years we see a] world where digital intelligence can seamlessly transact in digital forms, enhancing everyday tasks and interactions without the need for traditional devices. This reflects a broader ambition to integrate AI with blockchain for more efficient commerce and agreement codification.' The research findings are based on interviews with industry experts, analysis from OKX and Blockworks Research, desktop research and existing industry surveys and studies. Interview respondents represent leading companies, including Visa, Standard Chartered, Polygon, Amazon Web Services, Google, Aptos, Manchester City Football Club, McLaren, Franklin Templeton, and others. OKX Managing Partner and CMO Haider Rafique said: 'At OKX, we envision a future where virtually every industry will be reshaped by onchain technology. Our report offers a glimpse into the transformative potential of blockchain, which we believe will fundamentally redefine business models and establish new economic paradigms. We're excited to witness and influence how blockchain technology will revolutionize the way we live, work and conduct business on a global scale.' Blockworks Co-Founder Jason Yanowitz said: 'Working with OKX on this report has been a unique opportunity for us to explore the far-reaching implications of blockchain technology, and we're excited to share how this technology is poised to redefine our global economy. It's an honor to partner with OKX in bringing these insights to light, especially as we observe blockchain revolutionizing business practices, trading paradigms and value creation worldwide.' Key insights by sector Finance - Blockchain applications are reshaping value creation and financial products • Institutional investors will continue to allocate capital to digital assets and related products. Further development of trading products and custody services will make it easier for investors to allocate and increase exposure in the years ahead. • Stablecoins are primed to alter the global payments landscape. Major firms like Visa are investing money and resources, and today's top stablecoins continue to grow in market capitalization and use. • Crypto-native firms have solved legacy issues around self-custody and payments, making it easier for the next-generation of retail and commercial users to onboard to Web3 using their own digital wallets • Major financial services firms are moving toward a tokenized future. More than two-thirds of financial services interview respondents said they are developing capabilities to support the issuance and servicing of tokenized assets Technology - Infrastructure is transforming onchain • Blockchain has changed how software, networks, and data systems are constructed and used. • The future of AI will be influenced by blockchain. Startups and developers are exploring how blockchain can decentralize the development of artificial intelligence systems. • Privacy and blockchain will improve symbiotically online, enabling users to transact pseudonymously while maintaining control of their personal data. • The convergence of blockchain, cloud computing, and AI is underway and could grow into a multi-trillion-dollar opportunity. Brand and consumer goods - Blockchain is enhancing the brand experience • Major consumer and luxury brands are poised to tap blockchain's potential. Big box retail operators like Walmart and luxury brands such as LVMH are integrating blockchain to revolutionize supply chain transparency and production processes. • Consumer and luxury brands are experimenting with use cases that can reshape their businesses, including digital product passports, luxury-brand NFTs, smart contracts for business practices, and blockchain-based product lifecycle tracking. • Consumer and luxury goods are blending the physical and digital for an onchain future, and digital experiences will foster loyalty across different types of consumer businesses. Sports and Entertainment - Blockchain is changing the game and fan experience • Sports organizations and teams are leveraging blockchain technology to enhance fan engagement through digital collectibles, team-specific tokens, and unique experiences. Blockchain applications are expected to expand into new areas including metaverse and sports betting. • Crypto will allow creators a greater share of — and control over — revenue. This is in stark contrast with today's state of affairs, in which creators in the film, TV, and music industries must share revenue with hosting platforms. • Blockchain will reshape the gaming landscape and provide financial incentives to players. Interoperability and the play-to-earn model can create more sustainable funding models for gamers.
Globe and Mail
3 days ago
- Business
- Globe and Mail
BioSig Appoints Former OppenheimerFunds and Wafra Inc Executive, Mitch Williams, CFA, as Chief Investment Officer
Los Angeles, CA and Vancouver, BC, May 28, 2025 (GLOBE NEWSWIRE) -- BioSig Technologies, Inc. (Nasdaq: BSGM) ("BioSig" or the 'combined company'), which today acquired Streamex Exchange Corporation ('Streamex') as its wholly owned subsidiary, announced the appointment of Mitch Williams, CFA, as Chief Investment Officer, significantly bolstering the combined company's leadership team and advancing its mission to tokenize real world assets and bring commodity markets on-chain. Key Highlights of the Appointment: Mr. Mitch Williams, former OppenheimerFunds and Wafra Inc. executive and Strategic Advisor to Streamex, will be appointed Chief Investment Officer of the combined company. Mr. Williams brings over 20 years of experience in capital markets, having held senior executive roles at OppenheimerFunds, and Wafra Inc. At Wafra Inc., Mr. Williams grew assets under by more than 3-fold and consistently delivered asymmetric returns with top-quartile performance over all rolling five-year periods. At OppenheimerFunds, Mr. Williams was the top-ranked equity analyst and led the firm's flagship fund. Mr. Williams will help lead Streamex in its strategic positioning within the US$142.851 trillion global commodity market, aiming to unlock new value by bringing commodities on-chain through secure and scalable real world asset tokenization solutions. As CIO, Mitch will lead the combined company's strategic vision and commodity tokenization initiatives, while overseeing key areas and reporting directly to Chief Executive Officer Henry McPhie. Mitch commented, 'As an early investor in Streamex and later a Strategic Advisor I have been consistently impressed with Henry, Morgan, and the team and the innovative platform they've built. As a believer in disruptive technology, I see RWA tokenization as an incredibly scalable technology. For me it is a leap forward in finding real world applications for blockchain- a technology whose value has only begun to be realized. As an investor, I see Streamex as one of the few pathways for investors interested in both a hedge against fiat currency regimes and recurring revenue model.' 'We are thrilled to welcome Mitch as our new Chief Investment Officer,' said Henry McPhie, Chief Executive Officer of the combined company. 'Mitch's exceptional record of delivering disciplined, high-return investment strategies over his career at large New York funds paired with his collaborative leadership style perfectly complements our culture and growth ambitions. I am confident that his vision will unlock new opportunities for our shareholders, and I couldn't be happier to have him join our leadership team.' About Mitch Williams In his over two decades on Wall Street, Mitch has had a front row seat for disruptive technologies and market innovation. From his early role during Web 1.0 at Credit Suisse on the Internet Financial Services team to high-profile positions at OppenheimerFund and Wafra Inc managing multi-billion dollar domestic and global teams and portfolios, Mitch has driven consistent value creation for both his clients and employers. At Wafra, Mitch grew assets under management by more than 3-fold during his tenure, delivering asymmetric returns characterized by upside capture consistently above 100% and downside capture below 100%. Under his lead Wafra achieved top-quartile performance for every rolling five-year period his team managed the Global Equity strategy. At OppenheimerFunds, he was a top-ranked analyst and took a leading role in managing one of the firm's flagship funds. As Chief Investment Officer at Streamex, Mitch will apply his deep capital markets expertise and strategic vision to shape the firm's direction. Prior to this role, he served as a Strategic Advisor on Capital Markets to Streamex, working closely with Streamex founders Henry, Morgan, and Mathew August to develop and implement transformative business strategies. Outside of his professional commitments, Mitch is an active mentor and speaker. He volunteers with the Michael Price Student Investment Fund at NYU's Stern School of Business and has spoken on investing at numerous leading universities. He holds an MBA from NYU Stern, where he was awarded the Stern Fellowship, and a BA from the University of Florida. About Streamex Exchange Corporation Streamex is a real-world asset (RWA) tokenization company focused in the commodities space. With the goal to bring commodity markets on chain, Streamex has developed primary issuance and exchange infrastructure that will revolutionize commodity finance. Streamex is led by a group of highly successful and seasoned executives from financial, commodities and blockchain industries. Streamex believes the future of finance lies in tokenization, innovative investment strategies, and decentralized markets. By merging advanced financial technologies with blockchain transparency, Streamex has created infrastructure and solutions that enhance liquidity, accessibility, and efficiency. Streamex's goal is to bridge the gap between traditional finance and the digital economy, unlocking new opportunities for investors and institutions worldwide. 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 transaction 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.
Globe and Mail
3 days ago
- Business
- Globe and Mail
Streamex and BioSig Announce the Successful Closing of Share Exchange Transaction and Executive Leadership Changes Bringing a First-Mover Real World Asset Tokenization Company to the Nasdaq
Los Angeles, CA and Vancouver, BC, May 28, 2025 (GLOBE NEWSWIRE) -- BioSig Technologies, Inc. (Nasdaq: BSGM) ("BioSig") and Streamex Exchange Corporation ("Streamex"), collectively referred to as the combined company, today announced successful completion of the previously disclosed share exchange transaction and executive leadership changes, forming a company specializing in the tokenization of real-world assets, with a focus on bringing commodities on-chain. Key Highlights of the Transaction: Streamex Exchange Corporation, a British Columbia corporation, will become a wholly owned subsidiary of BioSig through an exchange of outstanding shares of Streamex for new shares of BioSig common stock. The combined company will be led by Mr. Henry McPhie, Co-Founder and CEO of Streamex, who will serve as Chief Executive Officer and join the Board of Directors, guiding the organization through its next phase of growth. Mr. Morgan Lekstrom, Co-Founder and Chairman of Streamex, will serve as Chairman of the Board of the combined company. Mr. Anthony Amato, current CEO of BioSig, will transition from his role as Chief Executive Officer and continue to support the combined company as a member of its Board of Directors. Of highlight, Streamex is strategically positioned within the US$142.851 trillion global commodity market, aiming to unlock new value by bringing commodities on-chain through secure and scalable real world asset tokenization solutions. Together, Henry and Morgan with Anthony's support will lead the combined company through its next phase of strategic growth, bringing deep industry expertise and a shared vision for transforming the future of real-world asset tokenization in the commodities space. CEO of the combined company Henry McPhie commented, 'This is a landmark moment for Streamex and a major step forward for the tokenization industry. Joining forces with BioSig and entering the public markets will position us to accelerate growth, scale our technology and expand our influence within the tokenization and commodities industries. I am extremely proud of what the Streamex and BioSig team has been able to accomplish so far and am excited for what is to come.' Strategic Advisor Additions: Mr. Frank Giustra has agreed to join as a Strategic Investor and Advisor on Commodities. Founder of Wheaton Precious Metals ($37B) Founder of GoldCorp, acquired by Newmont ($57B) Founder of LionsGate Films ($2B) Mr. Mathew August has agreed to join as a Strategic Advisor on US Capital Markets. Executive Chairman of Atlas Capital Partners a New York, NY based single family office investment firm and merchant bank Active Venture Capitalist with significant investments within the Defense Tech, FinTech, Aerospace and other diversified industries About Streamex Exchange Corporation Streamex is a real-world asset (RWA) tokenization company focused in the commodities space. With the goal to bring commodity markets on chain, Streamex has developed primary issuance and exchange infrastructure that will revolutionize commodity finance. Streamex is led by a group of highly successful and seasoned executives from financial, commodities and blockchain industries. Streamex believes the future of finance lies in tokenization, innovative investment strategies, and decentralized markets. By merging advanced financial technologies with blockchain transparency, Streamex has created infrastructure and solutions that enhance liquidity, accessibility, and efficiency. Streamex's goal is to bridge the gap between traditional finance and the digital economy, unlocking new opportunities for investors and institutions worldwide. Terms of Share Exchange In exchange for 100% of their shares of Streamex, existing Streamex shareholders will be entitled to receive 75% of the fully diluted BioSig common stock outstanding on the date of the share exchange agreement. Initially, upon the closing, pursuant to Nasdaq listing rules, the Streamex shareholders will be entitled to receive 19.9% of the outstanding BioSig common stock pre-transaction. BioSig will then seek a vote of its current shareholders to approve the transaction; if such approval is obtained, the Streamex shareholders will have the right to receive in the aggregate the full number of shares of BioSig common stock equaling 75% of the fully diluted BioSig common stock pre-transaction. After shareholder approval, if obtained, current BioSig shareholders and holders of common stock equivalents will hold 25% of the fully diluted BioSig common stock outstanding. Effective immediately, the Board of Directors of the combined company will be comprised of six members, four designated by BioSig, who are Anthony Amato, Chris Baer, Donald F. Browne, Steven E. Abelman and two designated by Streamex, who are Mr. McPhie and Mr. Lekstrom (who will also be Chairman of the combined company's board). To the extent required by NASDAQ's change of control rules and regulations, the combined company will file an initial listing application for its common stock. 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 transaction described herein, whether shareholder approval of the transaction will be obtained and whether we will be able to maintain compliance with Nasdaq's listing criteria in connection with the described transaction 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.
Coin Geek
3 days ago
- Business
- Coin Geek
BSV and tokenizing IP: A new paradigm for creators
Getting your Trinity Audio player ready... In an era where creators struggle to protect and monetize their intellectual property (IP), BSV emerges as a transformative platform for tokenizing IP assets. By leveraging its scalable blockchain, low-cost transactions, and immutable data storage, BSV enables artists, writers, inventors, and creators to secure, manage, and monetize their work without relying on costly intermediaries. From fractional ownership of patents to micropayments for digital content, BSV offers a new paradigm for IP management that empowers creators and redefines the creative economy. This article explores how BSV addresses longstanding IP challenges and its potential to reshape the creator landscape. The IP crisis in the digital age Creators face significant hurdles in protecting and profiting from their IP. Traditional systems like copyright offices and patent registries are slow, expensive, and often inaccessible to independent artists or small-scale inventors. Digital platforms, while democratizing distribution, frequently exploit creators through unfavorable revenue splits or fail to prevent piracy. For instance, musicians earn fractions of a cent per stream on platforms like Spotify, while authors battle unauthorized e-book distribution. This is why we need a system where creators control their own IP. Tokenization—the process of representing assets as digital tokens on a blockchain—offers a solution, but most blockchains lack the scalability or affordability to support widespread IP applications. BSV, with its unbounded block size and high transaction throughput, fills this gap, enabling creators to tokenize everything from songs to scientific patents in a secure, cost-effective manner. BSV's technical advantages for IP tokenization BSV's blockchain is uniquely suited for IP management. Its ability to process 1,000,000 transactions per second (TPS), as demonstrated by the Teranode upgrade, supports global-scale tokenization without network congestion. Transaction fees, often below $0.00011, make it feasible to issue and trade tokens for small-value assets, such as a single poem or a 3D-printed design. The blockchain's immutable ledger ensures that tokenized IP records—such as proof of authorship or licensing agreements—are tamper-proof and verifiable. BSV's smart contract capabilities enable complex IP management workflows. For example, a musician could tokenize a song, embedding royalty splits that automatically distribute micropayments to collaborators each time it's streamed. Fractional ownership is another key feature: a patent for a new technology could be tokenized into 1,000 shares, allowing inventors to raise capital by selling stakes to investors. BSV's timestamping functionality provides a definitive record of creation dates, helping creators prove originality in disputes. Think of it as unhackable timestamping. Niche applications: Empowering creators BSV's IP tokenization shines in niche use cases that traditional systems overlook. Independent authors can tokenize e-books, offering readers exclusive access or limited-edition digital copies as non-fungible tokens (NFTs). Unlike Ethereum-based NFTs, which incur high gas fees, BSV's low costs make this viable for small creators. Visual artists can tokenize digital artworks, embedding resale royalty clauses to earn a percentage of future sales, addressing the 'starving artist' problem. Inventors, particularly in open-source or collaborative fields, benefit from BSV's fractional ownership model. A team developing a new biotech patent could tokenize it, allowing global investors to fund research in exchange for equity-like tokens. This democratizes innovation, enabling small-scale inventors to compete with corporate giants. Additionally, BSV's data storage capabilities allow creators to embed metadata—such as licensing terms or creative commons agreements—directly into tokens, streamlining IP management. The future: A creator-centric economy BSV's potential to transform IP management extends beyond individual creators. Applications are building BSV-based tools that integrate tokenization into creative workflows, from music production to patent filing. These tools could disrupt centralized platforms, giving creators direct access to global markets and simultaneously removing the middleman. Challenges remain, including regulatory hurdles and the need for user-friendly interfaces. However, BSV's regulation-friendly design, built to comply with legal frameworks, positions it to gain institutional adoption. As creators demand fairer systems, BSV's scalable, transparent approach could become the standard for IP tokenization, fostering a creator-centric economy. Conclusion BSV's ability to tokenize IP offers creators unprecedented control over their work. Its scalable blockchain, low fees, and smart contract functionality enable niche applications like fractional patents, royalty micropayments, and timestamped authorship records. By bypassing traditional intermediaries, BSV empowers artists, authors, and inventors to monetize their IP securely and transparently. As the creative economy evolves, BSV stands poised to redefine how intellectual property is managed, proving that blockchain can deliver tangible benefits for creators worldwide. Watch: Small casual payments transforms content creation business title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen="">
Associated Press
4 days ago
- Business
- Associated Press
Oxbridge / SurancePlus to Participate in the '2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow' Virtual Conference Presented by Maxim Group LLC
GRAND CAYMAN, Cayman Islands, May 27, 2025 (GLOBE NEWSWIRE) -- Oxbridge Re Holdings Limited (Nasdaq: OXBR ) ('Oxbridge Re'), together with its subsidiary SurancePlus, is engaged in the tokenization of Real-World Assets ('RWAs'), initially with tokenized reinsurance securities and in providing reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States. The company today announced its CEO Jay Madhu has been invited to present at the '2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow,' presented by Maxim Group LLC, on Tuesday, June 3rd at 1:00 PM EDT. Event Details: Oxbridge / SurancePlus CEO and Maxim Senior Analyst Fireside Chat Date: Tuesday, June 3, 2025 Time: 1:00 PM – 1:30 PM (EDT) Location: This conference will be live on M-Vest. To attend, sign up to become an M-Vest member. Click here to learn more and reserve your seat. Discussion Highlights Jay Madhu, CEO of Oxbridge, commented: 'Maxim's Tech Conference is a great platform to showcase how we are bridging traditional insurance with Web3 and blockchain innovation. At SurancePlus, we are not just creating tokenized reinsurance securities - we are expanding access to a high-yield opportunity that is uncorrelated to traditional capital markets and has been historically inaccessible to most.' Oxbridge / SurancePlus will be taking part in the '2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow.' The rapid evolution of technology is paving the way for disruption across all industries, including healthcare, drones, consumer IoT, business solutions, gaming & entertainment, and more. In Maxim's 2025 Virtual Tech Conference, we will explore how emerging growth companies are expanding their use of Quantum Computing and Artificial Intelligence (AI) to position themselves for the future. Maxim Senior Analysts will facilitate engaging dialogues with CEOs and key management of diverse companies who have their attention on technology and how it will impact and grow their business. About Oxbridge Re Holdings Limited Oxbridge Re Holdings Limited (NASDAQ: OXBR, OXBRW ) ('Oxbridge') is headquartered in the Cayman Islands. The company offers tokenized Real-World Assets ('RWAs') as tokenized reinsurance securities and reinsurance business solutions to property and casualty insurers, through its wholly owned subsidiaries SurancePlus Inc., Oxbridge Re NS, and Oxbridge Reinsurance Limited. Insurance businesses in the Gulf Coast region of the United States purchase property and casualty reinsurance through our licensed reinsurers Oxbridge Reinsurance Limited and Oxbridge Re NS. Our Web3-focused subsidiary, SurancePlus Inc. (' SurancePlus '), has developed the first 'on-chain' reinsurance RWA of its kind to be sponsored by a subsidiary of a publicly traded company. By digitizing interests in reinsurance contracts as on-chain RWAs, SurancePlus has democratized the availability of reinsurance as an alternative investment to both U.S. and non-U.S. investors. Company Contact: Oxbridge Re Holdings Limited Jay Madhu, CEO +1 345-749-7570 [email protected] About Maxim Group LLC Maxim Group LLC is a full-service investment banking, securities and wealth management firm headquartered in New York. The Firm provides a full array of financial services including investment banking; private wealth management; and global institutional equity, fixed-income and derivatives sales & trading, equity research and prime brokerage services. Maxim Group is a registered broker-dealer with the U.S. Securities and Exchange Commission (SEC) and the Municipal Securities Rulemaking Board (MSRB) and is a member of FINRA SIPC, and NASDAQ. To learn more about Maxim Group, visit
