In a strategic move to deepen its footprint in the public markets and streamline regulatory compliance, BioSig Technologies (NASDAQ: BSGM) has announced a collaboration with CXG Inc. to acquire a FINRA and SEC-registered broker-dealer. The acquisition is designed to support BSGM’s ambitious push into the rapidly emerging real-world asset (RWA) tokenization sector—a market expected to reach trillions in value by the end of the decade.
GameSquare, the operating subsidiary leading BSGM’s digital asset initiatives, will be the driving force behind the broker-dealer integration. The move enables BSGM to enhance its ability to tokenize and list real-world assets on public exchanges with greater speed, control, and transparency. While traditionally a player in the healthcare tech space, BSGM’s pivot toward blockchain-based financial infrastructure signals a broader trend of public companies repositioning themselves to capture new growth opportunities in the digital economy.
The acquisition, facilitated by CXG Inc.—a digital investment bank focused on capital markets innovation—marks a major milestone for GameSquare. Gaining direct access to a broker-dealer platform will allow the company to issue and trade tokenized securities under full regulatory oversight, making it one of the few publicly traded firms actively bridging the gap between legacy finance and decentralized technology. With tokenization infrastructure in place, BSGM can onboard RWAs including medical IP, structured debt, and other illiquid assets into blockchain networks with institutional-grade compliance.
This strategic step also positions BSGM to become a trusted partner for enterprises looking to bring traditionally off-chain assets into public capital markets. Tokenizing these assets not only improves liquidity but also reduces friction in asset issuance, transfer, and settlement. By leveraging a registered broker-dealer, BSGM gains the ability to manage transactions in a way that satisfies both market demand and regulatory scrutiny—an edge that will likely attract institutional interest.
CXG brings experience in digital capital formation and has a track record of advising and structuring tokenized asset offerings. Its support in vetting and securing the acquisition target ensures BSGM gains not just licensing, but a robust operational base to support ongoing tokenization efforts. The partnership reflects a shared vision for integrating traditional finance with blockchain rails, with compliance, governance, and security at the core.
Looking ahead, BSGM plans to expand its tokenization strategy beyond internal assets. With broker-dealer capabilities, GameSquare can originate, manage, and distribute third-party tokenized securities across multiple jurisdictions. This opens the door to collaborative listings, digital structured products, and cross-border investment opportunities—all issued and managed under a familiar regulatory umbrella.
This announcement also sets the stage for potential M&A activity within the broader RWA sector. As institutional capital becomes more comfortable with digital assets—particularly those backed by real-world cash flows—there is a growing appetite for compliant issuance platforms. BSGM’s early positioning, supported by CXG’s investment banking infrastructure, gives it a strategic edge in capturing this demand.
As regulatory clarity improves and the market for tokenized RWAs continues to evolve, BSGM’s bold acquisition move could make it a case study in how legacy firms can reinvent themselves at the intersection of capital markets and blockchain innovation. The company’s ability to unify compliance, technology, and asset origination under one roof may ultimately redefine how public investors engage with tokenized financial products in the years to come.