Streamex CEO Unveils BSGM Merger and RWA Tokenization Strategy Amid Bullish Crypto Market
Streamex CEO Henry McPhie revealed strategic details about the company's merger with BioSig Technologies (NASDAQ: BSGM) during a live financial television interview. The merger positions Streamex as one of the first publicly traded firms focused on real-world asset (RWA) tokenization, targeting the $142 trillion commodities market.
McPhie highlighted the timing of the merger, noting it preceded Circle's IPO, which he described as a signal of a "very bullish market for crypto-related stocks." The newly merged entity aims to democratize capital and enhance asset efficiency through blockchain-based tokenization of commodities.
"With tokenization, we can create financial instruments that don’t exist today in the commodity space," McPhie said. "It’s about unlocking value, liquidity, and access." The company has enlisted industry veterans, including Shaun Rosen, to advise on its mission.