Triplebolt introduces new gold-backed crypto asset “blue gold token” for nasdaq listed blue gold (bgl)

Miami, fl, july 17, 2025 (globe newswire) -- triple bolt technology llc, the developer behind the innovative gold-backed crypto asset, today announced its high-level technical plan for the implementation of the blue gold token (bgt) — a digital asset backed by legally binding, long-term futures contracts on physical gold. the blue gold token is designed to bring institutional-grade commodity exposure to blockchain-based capital markets. each token represents a contractual right to a future delivery of gold, secured through verified reserves and structured through a compliant, smart contract-based framework. nathan dionne ceo at triplebolt comments. “we are excited to be part of this project that will provide nasdaq listed - blue gold limited (bgl) with an innovative solution, bringing together the advantages of both digital and physical assets. the possibility of backing digital tokens with physical gold represents a new opportunity to access the precious metals sector. gold plays a major role in the capital markets. with a market cap of over usd 11 trillion, it offers investors a reliable hedge against inflation and a store of value irrespective of economic turbulence.” technical implementation overview: ● token architecture: bgt will be issued as an erc-20 token on ethereum or a leading layer 2 network. the total supply will be fixed and directly correlated to verified gold futures contracts. each token will represent a fractional claim on a deliverable futures contract for physical gold, initially structured around a 1-gram equivalent.
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