Mentioned:
STEX -9.32%

There’s a new company coming to the Nasdaq. And they want to bring commodities onto the blockchain.

What’s happening:

  • Real world asset tokenization company Streamex Exchange has entered into a merger agreement with BioSig Technologies (NASDAQ: BSGM)

Why it matters:

  • Streamex Exchange is focused on being one of the first publicly listed companies in North America to bring commodities onto the blockchain through tokenization

Going deeper:

  • Streamex Exchange has also landed multiple notable backers, including legendary mining entrepreneur and natural resource financier Frank Giustra
  • Tokenization platforms have continued to be a major theme in both Silicon Valley and Wall Street, with Peter Thiel backed Ondo Finance previously launching Ondo Global Markets to bring equities and bonds onto the blockchain