Blue Gold Limited (NASDAQ:BGL) ("Blue Gold" or the "Company"), a next-generation gold development and technology company, today announced that it has successfully completed the first minting of its genesis Standard Gold Coins (SGC), marking a significant milestone in the operational rollout of its gold-backed digital asset framework.
Each SGC corresponds to one gram of fully allocated physical gold, minted only upon verified custody intake and subject to defined compliance and authorization procedures. The initial minting represents the first issuance of SGC fully backed by allocated physical gold held in professional custody, in accordance with the governance, reserve management, and operational controls outlined in the Company's recently published Standard Gold Coin White Paper.
The initial minting was distributed across 100 individual holders, each acquiring one Standard Gold Coin and collectively representing the first on-chain ownership of SGC backed by fully allocated physical gold.