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Streamex completed a $25 million first phase of Convertible Bond financing, which will promote the tokenization of gold plans.
Golden Finance reports that Nasdaq-listed company Streamex has announced the completion of a $25 million first phase Convertible Bond financing, 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 push for gold tokenization, maintaining a balance sheet strategy supported by gold.