Publicly listed company Blue Gold plans to launch gold-backed digital tokens

According to PANews on September 6, Nasdaq listed company Blue Gold Limited announced a strategic partnership with TripleBolt Technology to jointly explore the development of digital assets based on blockchain and supported by gold futures. The program aims to launch Blue Gold Coin (BGC), a digital token backed by forward contracts of up to 1 million grams of gold in the company’s mining assets. The project aims to provide investors with transparent and asset-backed digital investments, combining gold value with blockchain technology. The token issuance will be carried out in stages, with private placement first. Proceeds from the token issuance will be used to support Blue Gold's production goals and growth plans. Blue Gold Limited has acquired the Bogoso Prestea mine in Ghana, committed to unlocking the value of the gold industry through sustainable practices and innovative financial models.