BSGM and CXG Pioneer Real-World Asset Tokenization with FINRA/SEC-Registered Broker-Dealer Acquisition
BioSig Technologies (BSGM) has partnered with Compliance Exchange Group (CXG) to acquire a FINRA and SEC-registered broker-dealer, marking a significant advancement in Real-World Asset (RWA) tokenization. This strategic move positions BSGM to become the first NASDAQ-listed company compliant with SEC and FINRA regulations for issuing RWA tokens in the United States.
Strategic Importance of the Acquisition
The acquisition enables three key developments:
- Creation of tokenized investment products for both institutional and individual investors
- Accelerated adoption of Streamex’s blockchain-based RWA commodity platform
- Seamless integration between traditional financial systems and blockchain technology
Regulatory Framework and Gold-Backed Digital Assets
Following completion, the acquired broker-dealer will provide the necessary regulatory infrastructure for issuing and trading tokenized assets under U.S. securities laws. BSGM’s initial focus will be on launching compliant, gold-backed tokens, accessing the $22 trillion global gold market through blockchain technology.
Leadership Perspectives
“This acquisition represents a transformative moment for both Streamex and BioSig,” stated Henry McPhie, CEO of BioSig and Co-Founder of Streamex. “Our NASDAQ listing combined with gold-backed tokenization creates unique opportunities for market participants.”
Morgan Lekstrom, Executive Chairman, emphasized: “Gold tokenization represents the future of commodity finance. Streamex’s regulated approach establishes it as an industry pioneer.”
Connecting Traditional and Digital Finance
Streamex’s platform bridges conventional financial markets with blockchain technology, enabling digital access to physical gold investments. This development aligns with growing global adoption of asset tokenization and evolving regulatory clarity for digital assets.