SEC-FINRA – Kanalcoin

Key Points: Streamex completes a merger with BioSig Technologies (NASDAQ: BSGM) to launch U.S.-regulated gold token platform. Acquisition of a FINRA- and SEC-registered broker-dealer enables compliant custody and secondary trading of digital assets. Streamex has announced the release of an end-to-end, regulated infrastructure platform for tokenized gold trading following a strategic merger with BioSig Technologies (NASDAQ: BSGM) and a U.S.-registered broker-dealer acquisition. The platform provides digital asset issuance, custody, trading, and settlement in a compliant U.S. regulatory environment, placing Streamex among the rare digital asset companies to combine public-market access with vertically integrated financial infrastructure. Streamex Infrastructure Anchored by SEC-FINRA-Compliant Broker-Dealer Streamex's infrastructure move began with the acquisition of a FINRA- and SEC-registered broker-dealer that supplied the regulatory foundation for its tokenization business. The broker-dealer, which now supports both digital and traditional asset capabilities, was developed to allow: Primary issuance of asset-backed tokens Custodial activities pursuant to Rule 15c3‑3 Secondary market trading under SEC oversight Pursuant to FINRA Rule 1017, the firm filed a Continuing Membership Application (CMA) that established its lines of business for digital assets. Broker-dealer firms are trading under new regulatory guidance following the May 2025 withdrawal of the 2019 Joint Staff Statement by the SEC and FINRA, which previously restricted custody of broker-dealer crypto asset securities. Streamex Gains Crypto Custody Flexibility Under New SEC Guidance Under new Staff FAQ guidance, Streamex can hold custody of crypto asset securities at "good control locations", such as banks, clearing agencies, or approved intermediaries, thus rendering an exemption to the erstwhile requirement for exclusive internal control of private keys. In affirming control of digital assets, Streamex synchronizes its business operations with net capital rules under Rule 15c3‑1. Streamex considers proprietary positions of bitcoin and ether to be marketable assets and applies a discount of 20% in accordance with commodity standards under Appendix B. The company may explore integration with institutional-level custody partners and can potentially use Uniform Commercial Code (UCC) Article 8 structures to protect customer property against insolvency for non-security crypto assets. NASDAQ-Listed Streamex Preps Rule 5712-Compliant Digital Products Streamex's transformation into a digital asset infrastructure provider was finalized through its merger with BioSig Technologies, which gave Streamex access to public capital markets listed on the NASDAQ under the symbol BSGM. The transaction, completed earlier in the year, signaled a strategic pivot from BioSig's historic medical technology focus to a new paradigm centered around tokenized hard assets. Part of its listing strategy, Streamex is preparing to meet NASDAQ Rule 5712 conditions for investment products based on digital assets, which are: ≥90% of its assets in NASDAQ surveillance processes Surveillance-sharing agreement under the Intermarket Surveillance Group Meeting governance, trading-halt, and disclosure obligations Streamex hasn't yet announced specific gold-backed investment products to list but predicted future products will be engineered consistent with Rule 5712 and awaiting regulatory approval. Streamex Completes Setup for Regulated, Audited Gold Token Launch Streamex allows tokenization of gold bars which are backed by vaults and minted on the blockchain as tokens for fractional ownership representation. Tokens may be issued based on ERC-20 standards or other protocols and be audited with real-time Proof of Reserve integrations. The broader market has reportedly exceeded $1 billion in tokenized value of gold through 2025, driven mainly by growing interest in inflation hedging as well as enhancing financial transparency. Rivals include CACHE Gold, Paxos or PAXG, Instruxi, and Golteum, all of which depend on decentralized oracles and cross-chain communication protocols to provide secure, highly liquid tokenized gold products. Key Infrastructure Milestones: PhaseStatusBroker-Dealer AcquisitionCompleted; SEC- and FINRA-registered entity operationalRegulatory RealignmentCompliant with May 2025 SEC/FINRA guidance on digital asset custodyOperational SystemsKey management, audit controls, cybersecurity, and compliance protocols deployedTokenization CapabilitySmart contract issuance and secondary market integration underwayNASDAQ Listing AccessMerger with BioSig completed; BSGM symbol retained; product registration pending Disclaimer: This website provides information only and is not financial advice. Cryptocurrency investments are risky. We do not guarantee accuracy and are not liable for losses. Conduct your own research before investing.

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Tag: SEC-FINRA

Streamex Unveils Gold Token Platform Following BioSig Merger and SEC-FINRA Broker-Dealer Deal