Standard Gold Coin (SGC)
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Blue Gold Appoints Wesley Paul to Advisory Board to Support Institutional Adoption of Standard Gold Coin
Globenewswire· 2026-02-10 13:00
Core Viewpoint - Blue Gold Limited has appointed Wesley Paul to its Advisory Board to enhance governance, transparency, and ecosystem development for its Standard Gold Coin (SGC) initiative, aiming to attract institutional engagement and adoption [1][3]. Group 1: Appointment and Role of Wesley Paul - Wesley Paul brings over 50 years of experience in global finance, investments, and governance, having previously managed approximately US$500 billion in institutional assets at J.P. Morgan [2]. - In his advisory role, Paul will help align SGC with institutional expectations regarding transparency, governance, custody, and risk management, which are critical for building a trusted ecosystem [3][6]. Group 2: Institutional Demand and Market Context - The company views institutional adoption as essential for the long-term scalability and credibility of SGC, which is positioned as a digital representation of allocated physical gold [6]. - Paul emphasizes the importance of a gold-backed stable coin in a world increasingly skeptical of fiat currencies, highlighting the need for trusted and safe digital payment solutions [4]. Group 3: Company Mission and Strategy - Blue Gold Limited focuses on acquiring high-potential mining assets and aims to unlock value in the gold sector through innovative monetization models, including asset-backed digital instruments [7]. - The company is committed to responsible development and operational transparency, which it believes will create shareholder value while minimizing environmental impact [8].
Blue Gold Announces First Minting of Standard Gold Coins
Globenewswire· 2026-01-26 14:15
Core Viewpoint - Blue Gold Limited has successfully completed the first minting of its genesis Standard Gold Coins (SGC), marking a significant operational milestone in its gold-backed digital asset framework [1][2]. Group 1: Minting and Operational Milestone - The initial minting of SGC corresponds to one gram of fully allocated physical gold, minted only upon verified custody intake and compliance procedures [2]. - This minting represents the first issuance of SGC fully backed by allocated physical gold held in professional custody, adhering to governance and operational controls outlined in the Company's Standard Gold Coin White Paper [2]. Group 2: Trust and Transparency - The combination of allocated physical gold, verifiable custody, and public-company oversight creates a level of trust essential for the success of digital gold at scale [4]. - SGC treats physical backing, verification, and transparency as prerequisites, ensuring a system designed for durability and scale [4]. Group 3: Market Readiness and Demand - The first minting was distributed across 100 individual holders, collectively representing the first on-chain ownership of SGC backed by fully allocated physical gold [3]. - Blue Gold has recorded over one million pre-registration indications of interest within five days of its initial launch announcement in November, indicating strong early demand for SGC [4]. Group 4: Company Mission and Values - Blue Gold Limited focuses on acquiring high-potential mining assets and aims to unlock untapped value in the gold sector through innovative monetization models, including asset-backed digital instruments [5]. - The Company prioritizes growth, sustainable development, and transparency in its business practices, aiming to create shareholder value while minimizing environmental impact [6].
Blue Gold Publishes White Paper for Standard Gold Coin Ahead of First Minting
Globenewswire· 2025-12-17 15:05
Core Insights - Blue Gold Limited has published the White Paper for the Standard Gold Coin (SGC) – Institutional Edition, detailing its design, governance, custody framework, and reserve management architecture ahead of the coin's launch [1][2][3] Group 1: Product Overview - The White Paper serves as a foundational disclosure for the upcoming launch of the Standard Gold Coin, aimed at providing market participants with essential information regarding the system's integrity, transparency, and operational readiness [2][3] - SGC is designed as a non-investment digital commodity instrument, with its value derived solely from the underlying physical gold [2][3] Group 2: Governance and Risk Management - The document outlines Blue Gold's governance approach, risk management strategies, and regulatory alignment, including asset segregation, bankruptcy remoteness, and compliance-oriented controls [3] - It describes the technological architecture supporting SGC, including smart contract design, security measures, and on-chain/off-chain verification processes [3] Group 3: Company Mission and Values - Blue Gold Limited focuses on acquiring and aggregating high-potential mining assets globally, aiming to unlock untapped value in the gold sector through disciplined resource acquisition and innovative monetization models [4] - The company is committed to responsible development, operational transparency, and leveraging modern financial technologies to redefine gold production, access, and ownership in the 21st century [4][5]
Blue Gold Announces Successful Smart Contract Audit by Nethermind, Strengthening Security and Transparency Ahead of Standard Gold Coin Launch on Base
Globenewswire· 2025-12-09 13:05
Core Insights - Blue Gold Limited has successfully completed a comprehensive smart contract audit by Nethermind, enhancing its commitment to security and regulatory alignment as it prepares for the launch of its digital asset, Standard Gold Coin (SGC) [1][2][4] Company Overview - Blue Gold Limited is a next-generation gold development company focused on acquiring high-potential mining assets globally, aiming to unlock value in the gold sector through innovative monetization models, including asset-backed digital instruments [7] - The company emphasizes responsible development, operational transparency, and the use of modern financial technologies to redefine gold production and ownership in the 21st century [8] Audit Details - The audit covered all smart contracts supporting SGC, which is a fully reserved, vault-backed digital gold token, and the infrastructure on Coinbase's Layer-2 blockchain, Base, chosen for its security and scalability [3][5] - The audit confirmed that Blue Gold's contracts meet high safety standards, with no critical or high-severity vulnerabilities identified [4] Strategic Goals - SGC is designed to provide users with the assurance of fully reserved physical gold while leveraging the benefits of blockchain technology, such as speed and global accessibility [5] - The audit serves as a validation point for Blue Gold as it finalizes its launch and aims to create a trustworthy digital gold ecosystem [6]
Blue Gold Limited Appoints Market Leader Hype Partners to Support Launch of its Standard Gold Coin
Globenewswire· 2025-11-12 15:47
Core Insights - The appointment of Hype Partners is aimed at accelerating the pre-registration and official launch of Standard Gold Coin (SGC), a digital token backed by physical gold [1][2] - The partnership will support the global launch of SGC and help build the BlueGoldOne Community [2] Company Overview - Blue Gold Limited (Nasdaq: BGL) is a next-generation gold development and technology company focused on acquiring high-potential mining assets globally [6] - The company's mission is to unlock untapped value in the gold sector through disciplined resource acquisition and innovative monetization models, including asset-backed digital instruments [6] - Blue Gold emphasizes responsible development, operational transparency, and leveraging modern financial technologies to redefine gold production and ownership in the 21st century [6][7] Leadership Comments - Andrew Cavaghan, CEO of Blue Gold, stated that Hype will help amplify awareness of SGC, targeting both the established crypto community and those new to digital assets [3] - Danny Gazit, CEO of Hype Partners, expressed excitement about launching the world's first gold-backed global currency, emphasizing the importance of widespread awareness of its benefits [4] Community Engagement - Interested users can pre-register for early access to SGC and the One App by submitting their email on the company's website [4][5] - Approved registrants will receive exclusive updates and launch details ahead of public availability, highlighting the company's commitment to community engagement [5]
Blue Gold Limited Hits 1,000,000 (One Million) pre-Registration Standard Gold Coin in Five Days since Launching
Globenewswire· 2025-11-10 14:00
Core Insights - Blue Gold Limited has successfully pre-registered over 1,000,000 Standard Gold Coins (SGC), equivalent to approximately US$129 million, within five days of launching the pre-registration phase, indicating strong market demand for asset-backed digital tokens [1][2][3] Company Overview - Blue Gold Limited is a next-generation gold development company focused on acquiring high-potential mining assets globally, aiming to unlock value in the gold sector through innovative monetization models, including asset-backed digital instruments [6][7] - The company emphasizes responsible development, operational transparency, and the use of modern financial technologies to redefine gold production and ownership in the 21st century [6][7] Product Details - The Standard Gold Coin (SGC) is a blockchain-based digital token that represents direct ownership of vaulted physical gold, with each coin backed by one gram of gold valued at approximately US$129.13 [1][3] - The SGC is part of the BlueGoldOne Fintech Ecosystem, which aims to combine the stability of precious metals with the accessibility of digital assets [1][2] Market Response - The early momentum in the tokenized gold market reflects a growing appetite for trusted, asset-backed digital currencies, as noted by the Chief Technology Officer of Blue Gold Limited [4] - The company is committed to engaging its community and introducing new users to the expanding world of digital gold ownership [5] Future Plans - Blue Gold Limited is actively working to bring the Standard Gold Coin to market in the coming weeks, with pre-registration currently open for interested users [3][4]
Blue Gold Limited Opens Registration for Standard Gold Coin (SGC), Digital Token Backed by Physical Gold
Globenewswire· 2025-11-06 12:00
Core Insights - The launch of the Standard Gold Coin (SGC) by Blue Gold Limited represents a significant step in the tokenized gold market, highlighting the growing demand for asset-backed digital currencies [1][2][5] - Trading volumes for gold reached a record average of US$329 billion per day in the first half of 2025, indicating the impact of digital innovations on traditional asset classes [2][5] Company Overview - Blue Gold Limited is a next-generation gold development and technology company focused on acquiring high-potential mining assets and integrating innovative monetization models, including asset-backed digital instruments [6] - The company emphasizes responsible development, operational transparency, and the use of modern financial technologies to redefine gold production and ownership in the 21st century [6][7] Product Details - Each SGC will be fully backed by audited, vaulted gold reserves held under an independent trust structure, ensuring transparency and redemption capability for token holders [3] - The SGC will be accessible through the Blue Gold One App, a fully integrated digital finance platform [1][4] Executive Commentary - The CEO of Blue Gold expressed excitement about the SGC, emphasizing that the tokens and the gold will be owned by the holders, making it a democratic currency [5] - The CTO highlighted the alignment of the SGC with macro trends in tokenization and digital ownership of real assets, positioning it as a bridge between traditional and decentralized finance [5]