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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].
Blue Gold Secures One Million Ounces of Gold to Back its Standard Gold Coin
Globenewswire· 2025-12-02 13:00
Core Insights - Blue Gold Limited has secured a gold supply agreement providing over 1 million ounces (31 Metric Tons) of gold, valued at approximately US $4.2 billion, to support the production and delivery of its Standard Gold Coin [1][3] - The partnership with DL Hudson Dunes, a Dubai-based commodity trader, enhances Blue Gold's logistics and supply-chain capabilities, crucial for delivering a digitally tradable, asset-backed gold product [2][5] - The CEO of Blue Gold emphasizes the commitment to transparency and customer experience in building the Standard Gold Coin into a dominant gold-backed token in the market [3] Company Overview - Blue Gold Limited is focused on acquiring high-potential mining assets globally and aims to unlock value in the gold sector through innovative monetization models, including asset-backed digital instruments [6] - The company prioritizes responsible development, operational transparency, and leveraging modern financial technologies to redefine gold production and ownership in the 21st century [6][7] Tokenization Strategy - The gold supply agreement directly supports Blue Gold's Tokenization Division, which aims to convert physical gold into digitally verifiable, asset-backed coins under the Standard Gold Coin brand [4] - The integration of physical mining, supply, and digital distribution creates a vertically aligned model designed for scalability and transparency in the tokenization of real-world assets [4]