Blue Gold Limited Partners with TripleBolt to Explore Possible Blockchain-Backed Gold Token

Published 07/03/2025, 09:37 AM

Blue Gold Limited (Nasdaq: BGL) ("Blue Gold" or the “Company”), a next-generation gold development company currently planning to advance sustainable mining projects, today announced that it has entered into a strategic partnership with TripleBolt Technology LLC (“TripleBolt”) to explore the possible development of a blockchain-based digital asset backed by gold futures.

This initiative would mark Blue Gold’s evolution into the digital asset space. The objective is to provide investors access to Blue Gold Coin (BGC) — this is intended to be a digital token, which would be backed by six-year forward delivery contracts for up to 1 million grams of gold from the Company’s mining assets. The instruments would offer investors a digitally native, asset-backed instrument that blends the value of gold with the efficiency and transparency of blockchain technology.

TripleBolt is led by Nathan Dionne, a serial entrepreneur and technology executive with deep expertise in fintech, blockchain, and digital innovation. Mr. Dionne was the co-founder of NorthOut, which was acquired by Eze Castle Integration. Most recently, he founded GreenRun, a crypto-enabled betting platform. He previously served as Chief Technology Officer at Barstool Sports, where he drove the company’s platform through a high-growth phase. As Managing Partner of TripleBolt Technology, Nathan continues to build scalable blockchain infrastructure and serves as an active crypto and angel investor across diverse sectors and geographies.

“The future of gold is digital,” noted Dionne. “We’re excited to bring blockchain transparency and flexibility to a historically illiquid asset class. With Blue Gold’s gold resource and vision, BGC is not just a token — it’s a programmable commodity with intrinsic value.”

The product will require legal and regulatory review and approval prior to launch. As a result, the token launch will follow a phased approach, beginning with a private sale to strategic investors, followed by broader availability through blockchain platforms. Proceeds from the offering will be used to accelerate Blue Gold’s production timeline and support long-term growth initiatives.

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