Blue Gold Announces First Minting of Standard Gold Coins
Rhea-AI Summary
Blue Gold (Nasdaq: BGL) completed the genesis mint of its Standard Gold Coins (SGC) on January 26, 2026, marking the first issuance of tokens each representing one gram of fully allocated physical gold held in professional custody.
The initial minting was distributed to 100 individual holders (one SGC each). The company cites governance, reserve management, custody controls, and its published Standard Gold Coin White Paper as the operational framework. Blue Gold reported more than one million pre-registration indications of interest within five days of its November launch announcement and expects to open SGC to public purchase in the near term.
Positive
- First issuance of SGC fully backed by allocated physical gold
- 1 gram per coin explicit backing for each SGC
- Initial distribution to 100 holders representing first on-chain ownership
- >1 million pre-registration indications within five days
Negative
- None.
News Market Reaction
On the day this news was published, BGL declined 0.24%, reflecting a mild negative market reaction. Argus tracked a peak move of +6.6% during that session. Argus tracked a trough of -29.4% from its starting point during tracking. Our momentum scanner triggered 28 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $405K from the company's valuation, bringing the market cap to $168M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
While BGL was down 3.05%, 8 gold-sector peers in the momentum scan moved up (median move 8.3%), including GLDG, HYMC, USAU, CTGO, VGZ and others, pointing to a sector-wide upswing contrasting with BGL’s weakness.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 14 | Corporate outlook | Positive | +5.2% | 2026 strategic outlook with mine plans, digital platform, and arbitration update. |
| Dec 30 | CEO interview | Positive | -5.8% | CEO discusses gold-backed stable coin and trading platform opportunities. |
| Dec 22 | Tech partnership LOI | Positive | +6.8% | LOI with Trust Stamp for biometric, passwordless wallet for SGC holders. |
| Dec 19 | Analyst target | Positive | +4.2% | Updated independent analyst price target of up to $20 per share. |
| Dec 18 | Notice to disregard | Neutral | +1.1% | Company issues notice to disregard a prior analyst-target press release. |
Recent news has usually seen positive price reactions, but there is at least one case where upbeat communication was followed by a notable decline.
Over the past few months, Blue Gold has highlighted a strategy linking physical gold assets with digital products. A Dec. 22, 2025 LOI with Trust Stamp focused on biometric wallet infrastructure for Standard Gold Coins backed by 1 gram of physical gold each. Subsequent items included analyst targets of up to $20 per share and a 2026 strategic outlook referencing mine acquisitions, digital architecture, and arbitration claims above $1 billion. Today’s first SGC minting represents execution on this previously outlined digital-gold roadmap.
Market Pulse Summary
This announcement confirms that Blue Gold’s Standard Gold Coin system has moved from concept to execution, with each SGC backed by 1 gram of allocated physical gold and initial distribution to 100 holders. It follows earlier updates on wallet infrastructure and gold-backed platforms, indicating steady progress on the digital strategy. Investors may track adoption metrics such as pre-registered demand above one million, upcoming public access to SGC, and any further financing or regulatory developments disclosed in recent filings.
Key Terms
digital asset framework technical
allocated physical gold financial
custody financial
on-chain technical
tokenized technical
digital gold technical
AI-generated analysis. Not financial advice.
Company successfully completes genesis mint of Standard Gold Coins, marking key operational milestone
NEW YORK, Jan. 26, 2026 (GLOBE NEWSWIRE) -- 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.
“Gold has served as a store of value for thousands of years, but this minting brings it fully into the digital age in a way that preserves true physical ownership, verifiable backing, and the transparency that comes from being developed and operated by a U.S. publicly traded company,” said Andrew Cavaghan, Chief Executive Officer of Blue Gold. “The successful initial minting demonstrates that the infrastructure, custody framework, and operational controls behind SGC are now live and functioning exactly as designed. This milestone moves us from concept to execution and validates the discipline and rigor we have applied to building an institutional-grade digital gold product.”
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.
“What stood out to us was not just that gold was being tokenized, but how it was being done,” said Kris Meyer, of Black Eagle Partners. “The combination of allocated physical gold, verifiable custody, and public-company oversight created a level of trust that we believe is essential for digital gold to succeed at scale.”
“Digital gold only works if trust comes first,” said Max Osbon, of Osbon Capital. “SGC stands out because it treats physical backing, verification, and transparency as prerequisites, not afterthoughts. The controls, custody, and disclosure behind SGC represent a system designed for durability and scale.”
“Credibility is everything when it comes to gold, and SGC treats physical backing, custody, and governance as non-negotiable requirements, not optional features,” said Wesley Paul, former Global Head of Investments, JP Morgan. “The structure is deliberately simple and disciplined, which is exactly what gold ownership should be.”
With the first minting now complete, Blue Gold expects to open SGC to public purchase in the near term. The Company has already generated strong early demand for SGC, including more than one million pre-registration indications of interest recorded within five days of its initial launch announcement in November.
“Gold doesn’t need to change to remain relevant, but how it’s held and utilised does,” Cavaghan added. “SGC is built to meet that need, and this first minting demonstrates that the system is market-ready.”
About Blue Gold Limited
Blue Gold Limited (Nasdaq: BGL) is a next-generation gold development company focused on acquiring and aggregating high-potential mining assets across strategic global jurisdictions. The Company’s mission is to unlock untapped value in the gold sector by combining disciplined resource acquisition with innovative monetization models, including asset-backed digital instruments. Blue Gold is committed to responsible development, operational transparency, and leveraging modern financial technologies to redefine how gold is produced, accessed, and owned in the 21st century.
Blue Gold prioritizes growth, sustainable development, and transparency in all our business practices. We believe that our commitment to responsible mining will enable us to create value for our shareholders while minimizing our environmental footprint.
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the safe harbor for forward-looking statements provided by Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on these forward-looking statements, which are current only as of the date of this press release. Each of these forward-looking statements involves risks and uncertainties. Important factors that could cause actual results to differ materially from those discussed or implied in the forward-looking statements include, but are not limited to: general economic or political conditions; negative economic conditions that could impact Blue Gold Limited and the gold industry in general; reduction in demand for Blue Gold Limited's products; changes in the markets that Blue Gold Limited targets; and any change in laws applicable to Blue Gold Limited or any regulatory or judicial interpretation. As a result, we cannot assure you that the forward-looking statements included in this press release will prove to be accurate or correct. These and other important factors and risks are discussed in Blue Gold Limited’s shell company report on Form 20-F, filed with the U.S. Securities and Exchange Commission (the “SEC”) on July 1, 2025, and other filings with the SEC. In light of these risks, uncertainties, and assumptions, the future performance or events described in the forward-looking statements in this press release might not occur. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results, and we do not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. Except as required by applicable law, we do not undertake any obligation to, and will not, update any forward-looking statements, whether as a result of new information, future events, or otherwise. For more information regarding Blue Gold Limited, please visit https://bluegoldmine.com.
No Offer or Solicitation
This press release shall not constitute a solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed business combination. This press release shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption.
For Further Information Contact:
Dave Gentry
RedChip Companies, Inc.
1-800-REDCHIP (733-2447)
1-407-644-4256
BGL@redchip.com
FAQ
What did Blue Gold (BGL) announce on January 26, 2026 about SGC?
How many SGC were distributed in Blue Gold's initial minting (BGL)?
Is Blue Gold's SGC physically backed and how is custody handled (BGL)?
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How much early demand has Blue Gold reported for SGC (BGL)?
