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Blue Gold Closes $15 Million Facility to Launch Gold Trading Activity
Globenewswire· 2025-12-03 13:10
Core Viewpoint - Blue Gold Limited has expanded its partnership with DL Hudson Dunes to include a $15 million gold trading facility, aiming to enhance its business model through proprietary gold trading and create multiple revenue streams [1][3][5]. Group 1: Business Expansion and Revenue Streams - The new gold trading facility will focus on acquiring gold from global mines and licensed aggregators, targeting 2-3 trades per month with projected profit margins of 1% to 5% per trade [2][7]. - The partnership with DL Hudson Dunes will provide Blue Gold with legal, compliance, and commercial support for each trade, enhancing operational efficiency [2][3]. - Blue Gold plans to move upstream to capture larger gold production margins through the anticipated restart of the Bogoso and Prestea mine and the acquisition of other mines in West Africa and Latin America [3][6]. Group 2: Fintech and Tokenization Strategy - The company aims to introduce a fintech wallet by Q3 2026, allowing holders of the Standard Gold Coin to spend their tokens through a branded credit or debit card, generating additional fees [4][5]. - Tokenization of gold is expected to create on-ramp fees of up to 3% for each gold-backed token created, with ongoing transaction fees of approximately 0.02% for subsequent trades, establishing a recurring revenue model [7]. - The recent supply agreement with DL Hudson Dunes allows Blue Gold to create $4.2 billion worth of tokens at current gold prices, significantly enhancing its market presence [7].
XFunded Expands in Dubai, Strengthening Collaborations With Trading Influencers Across Europe
Yahoo Finance· 2025-09-17 08:29
Core Insights - XFunded, founded in 2024 by Raphaël Pena, is expanding its operations in Dubai and collaborating with trading influencers across Europe and social media platforms [1] - The firm provides traders access to capital between $10,000 and $300,000, with a total of over $1.2 million distributed in payouts during its first year [2] - XFunded has been recognized for its customer support and has been voted among the most trusted proprietary trading firms by influencers [3] Business Model and Operations - The company offers traders accounts on MT5 or cTrader with no spreads or trading commissions, and 24/7 support [4] - Approximately 35% of XFunded's revenue is allocated to client payouts, aligning with industry standards for balancing trader profitability and firm sustainability [5] Collaborations and Success Stories - XFunded's growth is bolstered by partnerships with notable traders and influencers, such as Matthieu Pothier, who reported over $38,000 in withdrawals within three months [6] - Angelo, a Spanish trader, manages multiple funded accounts and generates consistent monthly results after joining XFunded [6] - Andrea Giudice has helped over 150 clients secure funded accounts, leading to over $450,000 in payouts for his students [6]