📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
BioSig, Streamex Ink $1.1B Deal for a Gold Strategy on Solana
According to a press release dated July 8, 2025, BioSig and Streamex, both companies, have reached a definitive agreement with a collective plan to raise $1.1 billion from institutional investors.
Both companies plan to raise funds through a debenture by selling $100 million in senior convertible notes, accompanied by a $1 billion equity line of credit.
It is worth noting that BioSig and Streamex aim for a real-world asset footprint through gold, intending to bring a trillion-dollar commodity market on-chain using Solana.
The press release also reads that “ The Company has agreed to file a registration statement with the Securities and Exchange Commission to register the shares of common stock that are issuable upon conversion of the debentures and that may be sold under the equity line of credit (the “Resale Registration Statement”).”
Following this development, BioSig CEO and the Co-Founder of Streamex, Henry McPhie, said, “ This financing marks a pivotal moment not only for Streamex and BioSig, but for the evolution of global financial markets. By combining the value of physical gold with the innovation of blockchain, we are building a company grounded in what we believe to be the world’s most trusted store of value while enabling a scalable, high-return business model through tokenization,” adding, “Our mission is to unlock liquidity, transparency, and accessibility across the $142 trillion commodities market. This milestone is just the beginning.”
$1.1B deal to tokenize gold marks a milestone for Web3
The definitive agreement between BioSig and Streamex marks a major step towards integrating traditional commodities with blockchain, potentially transforming the Web3 landscape. By tokenizing real-world assets, especially gold on the Solana blockchain, the company aims to unlock massive liquidity in the $142 trillion commodities market.
This initiative not only legitimizes tokenization as a scalable business model but also introduces a gold-backed treasury strategy, appealing to risk-averse investors.
With major institutions’ backing and regulatory transparency through SEC filing, this deal paves the way for the broader adoption of blockchain in the traditional finance ecosystem
In the last several quarters, the debate over Bitcoin soon topped gold in all terms. This recent update may catalyze a new wave of innovation in decentralized finance, boost the Solana ecosystem, and attract institutional capital.
A quick overview of the crypto market
In the past 24 hours, the crypto market cap surged around 1.06% reaching $3.37 trillion, in the same time the trading volume was $98.89 billion.
According to data from CoinMarketCap, the intraday gainers list has been topped by Cronos, SPX6900, Raydium, Floki, POL, Aave, Pyth Network, Stellar, Near, and Chainlink.
In the same frame, Bitcoin tumbled between $108,126- $109,198 and is now trading at $108,803. Ethereum is currently trading at $2,648, representing a 3.36% increase, and its market capitalization stands at $317.43 billion.