Publicly listed company Streamex completes $25 million first-phase convertible bond financing to advance tokenized gold initiative
ChainCatcher news, according to GlobeNewswire, Nasdaq-listed company Streamex announced that it has completed the first phase of its convertible bond financing, raising $25 million, with Cantor, Clear Street, and Needham & Company, LLC serving as placement agents.
The company will use these funds to purchase physical gold, thereby strengthening Streamex's gold tokenization initiative and maintaining a gold-backed balance sheet strategy.
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