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BioSig's subsidiary Streamex will acquire a compliance broker to layout the gold tokenization market.
CoinVoice has learned that, according to Decrypt, Nasdaq-listed company BioSig Technologies announced that its subsidiary Streamex Exchange Corporation has initiated the acquisition process of a compliant broker, aiming to become one of the first companies to issue compliant gold tokenization products on major exchanges in the United States. Upon completion of the transaction, Streamex will obtain FINRA and SEC registration qualifications to provide compliance support for its RWA commodity trading platform based on the Solana chain.
Streamex plans to enter the global $22 trillion gold market through tokenization, aiming to establish a large-scale gold reserve by 2026. The company stated that this move will open up investment channels between traditional finance and blockchain assets, providing investors with new avenues for fragmented gold investment.