Solana-Powered Gold-Backed Treasury Strategy Aims for $1.1B Funding

BioSig Technologies, a Nasdaq-listed medical device company, has partnered with Streamex, a real-world asset tokenization firm, to launch a groundbreaking gold-backed treasury management strategy on the solana blockchain. The ambitious project seeks to raise $1.1 billion in financing, comprising $100 million in senior secured convertible notes and a $1 billion equity line of credit, which can be converted into BioSig common stock. This initiative represents a significant convergence of traditional finance and blockchain technology, leveraging Solana's high-speed, low-cost infrastructure to tokenize gold-backed assets. The strategy aims to create a new paradigm in treasury management by combining the stability of gold with the efficiency of decentralized finance (DeFi) on Solana. As of July 2025, this development marks another milestone in the growing trend of institutional adoption of blockchain solutions for asset management and tokenization.

BioSig and Streamex Target $1.1B for Gold-Backed Treasury Strategy on Solana

BioSig Technologies, a Nasdaq-listed medical device firm, and Streamex, a real-world asset tokenization company, are jointly seeking $1.1 billion in financing to launch a Solana-powered gold-backed treasury management strategy. The capital raise includes $100 million in senior secured convertible notes and a $1 billion equity line of credit, convertible into BioSig common stock.

The initiative aims to tokenize a portion of the $142 trillion commodities market, with Gold serving as the foundational asset. "This financing marks a pivotal moment for the evolution of global financial markets," said Henry McPhie, BioSig CEO and Streamex co-founder. "Combining physical gold's stability with blockchain's efficiency creates a scalable, high-return model."

Solana's blockchain was selected for its ability to enhance liquidity and transparency in commodity tokenization. The MOVE signals growing institutional interest in merging traditional store-of-value assets with decentralized finance infrastructure.

Volkswagen ADMT Adopts Solana-Based Hivemapper for Robotaxi Fleet Mapping

Volkswagen's autonomous-driving subsidiary, ADMT, has partnered with Hivemapper to leverage its Solana-based decentralized mapping network for real-time spatial data. The collaboration will power the company's robotaxi test fleet, utilizing Bee Maps' dynamic street-level imagery aggregated from crowdsourced dashcams.

Hivemapper's token-incentivized model rewards contributors with HONEY tokens for validated road segments, creating what the company claims is the world's freshest map data. The Solana blockchain records these contributions, enabling more frequent updates than traditional surveying methods.

Volkswagen ADMT currently operates 30 autonomous ID.Buzz electric vans in Hamburg, with plans to expand to thousands of units in Los Angeles. The deal underscores growing enterprise adoption of blockchain-powered solutions for mobility infrastructure.

SEC Delays Decision on Fidelity's Spot Solana ETF Amid Regulatory Uncertainty

The SEC has postponed its ruling on Fidelity's spot Solana ETF proposal, underscoring the regulatory hurdles facing crypto-based investment products. While engagement between the SEC and issuers last month fueled Optimism for accelerated approvals, the agency has requested additional clarifications on product structure, with a July 31 deadline for responses.

Market participants speculate the SEC may delay SOL ETF approvals until generic listing standards are finalized, likely by October. Commissioner Hester Peirce has repeatedly cautioned against expecting swift decisions, emphasizing the uncharted nature of these regulatory proceedings.

Meanwhile, the SEC approved NYSE Arca's 19b-4 filing to list Grayscale's digital asset products, marking a rare positive development in an otherwise cautious regulatory landscape.

DeFi Dev Corp Expands Solana Holdings Amid Growing Institutional Interest

DeFi Development Corp. has bolstered its Solana treasury with an additional 47,272 SOL tokens, valued at $7.03 million. The firm now holds 690,420 SOL—worth approximately $102.7 million—marking a 64% accumulation surge over two months. These assets will be staked to generate yield income, reflecting a strategic bet on Solana's long-term viability.

Institutional momentum builds as the SEC engages with fund managers exploring spot Solana ETFs, signaling potential regulatory approval. Network activity underscores demand: Solana recorded 14.63 million active addresses in 24 hours, reinforcing its position as a hub for both retail and institutional capital.

Solana Price Holds at $151 Amid Mixed Signals for Future Movement

Solana (SOL) trades at $151.31, down 0.46% over 24 hours despite a 22.73% surge in volume to $4.08 billion. The token has gained 3% weekly, stabilizing NEAR $151.42 as traders assess whether current activity signals accumulation or indecision.

Technical analysts note SOL broke its bearish downtrend channel, with short-term targets at $160–$167—a potential 10% upside. MACD shows weakening bullish momentum, while RSI remains neutral. Critical support lies at $140 and $125, with resistance at $160 and $180.

Longer-term projections remain optimistic, with 2025 price forecasts reaching as high as $332.83. Market participants are advised to monitor the $136 level for stop-loss triggers, treating current movements as speculative swings within a broader bearish framework.

First U.S.-Listed Solana Staking ETF Launches with Strong Investor Interest

The cryptocurrency market has reached a new milestone with the debut of the first U.S.-listed Solana staking ETF, trading under the ticker SSK. Developed by REX Shares and Osprey Funds, the ETF offers institutional and retail investors regulated exposure to Solana (SOL) while capturing staking rewards—blending on-chain yield with traditional finance convenience.

SSK simplifies crypto staking by handling SOL acquisition, staking, and reward distribution through an ETF structure. The fund launched with $12 million in initial inflows and $33 million in first-day trading volume, reflecting robust demand. This product signals a shift in crypto investment strategies, moving beyond pure price speculation to include yield-generating mechanisms.