US-listed Streamex completes $25 million first tranche of convertible bond financing to advance its tokenized gold plan.

Odaily Planet Daily reports that Nasdaq-listed Streamex has announced the completion of a $25 million tranche of convertible bonds, with Cantor, Clear Street, and Needham & Company, LLC acting as placement agents. The company will use the funds to purchase physical gold, thereby strengthening Streamex's gold tokenization plan and maintaining its gold-backed balance sheet strategy. (Globenewswire)