According to Odaily Planet Daily, Nasdaq-listed Blue Gold Limited has announced a strategic partnership with TripleBolt Technology to jointly explore the development of blockchain-based digital assets backed by gold futures. The plan is to launch Blue Gold Coin (BGC), a digital token backed by a forward contract for up to 1 million grams of gold from the company's mining assets. The project aims to provide investors with transparent, asset-backed digital investments, combining the value of gold with blockchain technology. The token issuance will be conducted in phases, beginning with a private placement. Proceeds from the token issuance will be used to support Blue Gold's production targets and growth plans. Blue Gold Limited has acquired the Bogoso Prestea mine in Ghana and is committed to unlocking value in the gold industry through sustainable practices and innovative financial models.
