Blue Gold Publishes White Paper for Standard Gold Coin Ahead of First Minting

Rhea-AI Summary

Blue Gold (Nasdaq: BGL) published the White Paper for the Standard Gold Coin (SGC) – Institutional Edition on December 17, 2025.

The document describes SGC as a non-investment digital commodity instrument with value tied to underlying physical gold and details design, governance, custody framework, reserve management, segregation of assets, bankruptcy remoteness, and compliance controls. It also outlines technological architecture including smart contract design, security measures, and on-chain/off-chain verification. The White Paper is targeted at professional and institutional audiences — custodians, exchanges, financial institutions, and regulators — and is publicly available via Blue Gold's official channels.

Market Reality Check

$2.30 Last Close

Volume Volume 176,357 is below the 20-day average of 222,899 (relative volume 0.79). normal

Technical Shares at $2.88 are trading below the 200-day MA of $13.87 and close to the 52-week low of $2.78.

Peers on Argus 1 Up

BGL was down 4% pre-news while gold peers were mixed: GLDG -2.99%, VGZ -0.92%, but HYMC, USAU, and CTGO were up between 1.12% and 1.81%, with HYMC also flagged in momentum scanning.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 09	Security audit update	Positive	+0.3%	Completion of Nethermind smart contract audit with no high-severity issues.
Dec 04	Management appointment	Positive	-7.1%	Hiring Director of Risk and Digital Operations to lead digital-asset strategy.
Dec 03	Analyst coverage	Positive	-1.5%	Zacks Small-Cap Research initiation with a <b>$20.00</b> price target.
Dec 03	Trading facility	Positive	-1.5%	Launch of <b>$15M</b> gold trading facility and tokenization-driven revenues.
Dec 02	Gold supply deal	Positive	+10.1%	Agreement for over <b>1M oz</b> of gold to back Standard Gold Coin.

Pattern Detected

Recent positive strategic and financing news has often seen mixed or negative next-day price reactions, despite constructive developments around the Standard Gold Coin and capital structure.

Recent Company History

Over the last weeks, Blue Gold has advanced its Standard Gold Coin strategy and funding base. On Dec 2, 2025, it secured over 1 million ounces of gold, with the stock up 10.12%. A $15M trading facility and Zacks coverage on Dec 3 saw modest declines around -1.53%. A senior hire for risk and digital operations on Dec 4 coincided with a -7.11% move. A smart contract audit on Dec 9 had a slightly positive impact. Today’s White Paper adds another step toward SGC launch.

Market Pulse Summary

This announcement advances Blue Gold’s Standard Gold Coin program by releasing an Institutional Edition White Paper that details design, governance, custody, and technology, including smart contract and on-chain/off-chain verification. It follows recent steps such as securing over 1 million ounces of gold and completing a smart contract audit. Investors may track further disclosures, launch timing, and execution against these frameworks alongside the company’s existing financing arrangements and regulatory filings.

Key Terms

white paper technical

"announces the publication of the White Paper for the Standard Gold Coin"

A white paper is a detailed, authoritative report that explains a company's product, technology, strategy, or policy, often outlining how it works, the problem it solves, and the assumptions behind it. Think of it as a combination of a how-to guide and a business plan that gives investors the facts, reasoning and projected benefits so they can judge credibility, risks and whether the proposal fits their investment goals.

custody framework financial

"outlining the design, governance, custody framework, and reserve management"

A custody framework is the set of rules, systems and legal agreements that govern how a third party holds, records and moves financial assets on behalf of their owners. It matters to investors because it determines how safe assets are, who legally controls them, how easily they can be bought or sold, and how quickly they can be recovered in disputes or a firm failure—like the locks, paperwork and storage rules for a safety deposit box.

segregation of assets financial

"including segregation of assets, bankruptcy remoteness, and compliance-oriented"

Segregation of assets is the practice of keeping investors’ or clients’ money and securities physically and legally separate from a firm’s own funds, like placing each person’s belongings in clearly labeled, locked boxes rather than mixing them in one pile. It matters to investors because it reduces the risk that their assets will be used to pay a company’s debts or creditors, makes recovery easier if the firm fails, and is often required by regulators to protect customer holdings.

bankruptcy remoteness financial

"including segregation of assets, bankruptcy remoteness, and compliance-oriented"

A legal and financial setup that keeps a vehicle’s assets and obligations separate so they won’t be pulled into a parent company’s insolvency. Think of it as putting assets in a sealed, fireproof room: if the parent goes bankrupt, creditors of the parent generally can’t reach what’s inside. Investors care because this isolation lowers the chance of loss and can improve the creditworthiness and recoverability of specific securities or loans.

smart contract technical

"technological architecture supporting SGC, including smart contract design, security"

A smart contract is a computer program stored on a blockchain that automatically carries out the terms of an agreement when preset conditions are met — like a vending machine that releases a snack when you insert the right coins. For investors, smart contracts matter because they can cut out intermediaries, speed up and lower the cost of transactions, and make outcomes more transparent, but they also introduce technology and regulatory risks that can affect asset value.

on-chain technical

"security measures, and on-chain/off-chain verification processes."

On-chain describes actions or data that are recorded directly on a blockchain, a public digital ledger that creates a permanent, time-stamped record of transactions. For investors, on-chain activity provides verifiable evidence of transfers, ownership changes or automated program actions (like contract-driven payments); seeing these entries is like checking a bank statement and helps assess liquidity, settlement finality, fees, and transparency when judging risk and market behavior.

off-chain technical

"security measures, and on-chain/off-chain verification processes."

Off-chain describes transactions or data related to a blockchain that are handled outside the blockchain’s public ledger, similar to settling a payment by a private bank transfer instead of posting it on a public bulletin board. It matters to investors because off-chain activity can be faster, cheaper and more private but offers less transparency and different custody and regulatory risks, which can affect liquidity, trust and the valuation of blockchain-linked assets.

digital commodity instrument financial

"designed as a non-investment digital commodity instrument with value derived solely"

A digital commodity instrument is a digital representation or claim on a physical commodity (like oil, gold, or carbon credits) that can be bought, sold, or held like a financial asset. Think of it as a digital receipt for a barrel of oil or an ounce of gold that makes trading faster, easier to split into small pieces, and accessible online. Investors care because it offers price exposure to the underlying commodity with potentially greater liquidity and lower friction, but it also brings additional counterparty, custody and regulatory risks that can affect value.

AI-generated analysis. Not financial advice.

NEW YORK, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Blue Gold Limited (Nasdaq: BGL) ("Blue Gold" or the “Company”), today announces the publication of the White Paper for the Standard Gold Coin (SGC) – Institutional Edition, a comprehensive technical and operational document outlining the design, governance, custody framework, and reserve management architecture underpinning the forthcoming Standard Gold Coin. 

Nathan Dionne, Chief Technology Officer at Blue Gold, comments, “the White Paper is a foundational disclosure ahead of the Standard Gold Coin’s launch in the coming weeks.  It is intended to provide market participants with the information necessary to evaluate the system’s integrity, transparency, and operational readiness.”

The White Paper is intended for professional and institutional audiences, including custodians, exchanges, financial institutions, and regulators. It emphasizes that SGC is designed as a non-investment digital commodity instrument with value derived solely from the underlying physical gold.

In addition to product design, the document outlines Blue Gold’s approach to governance, risk management, and regulatory alignment, including segregation of assets, bankruptcy remoteness, and compliance-oriented controls. It also describes the technological architecture supporting SGC, including smart contract design, security measures, and on-chain/off-chain verification processes.

The Standard Gold Coin (SGC) White Paper – Institutional Edition is now publicly available via Blue Gold’s official channels.

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:
Tavistock Communications
BlueGold@tavistock.co.uk
+44 20 7920 3150

Skyline Corporate Communications Group, LLC
Scott Powell, President
One Rockefeller Plaza, 11th Floor
New York, NY 10020
Office: (646) 893-5835
Email: info@skylineccg.com

FAQ

What did Blue Gold announce about the Standard Gold Coin (SGC) on December 17, 2025?

Blue Gold published the SGC – Institutional Edition White Paper outlining design, governance, custody, reserve management, and technology.

Is the Standard Gold Coin (SGC) an investment product according to Blue Gold (BGL)?

Blue Gold describes SGC as a non-investment digital commodity instrument with value derived from underlying physical gold.

Who is the intended audience for the SGC White Paper published by Blue Gold (BGL)?

The White Paper is intended for professional and institutional audiences such as custodians, exchanges, financial institutions, and regulators.

What governance and custody features does Blue Gold highlight for SGC in the White Paper?

The White Paper details asset segregation, bankruptcy remoteness, reserve management, and compliance-oriented controls.

What technological elements does the SGC White Paper describe for Blue Gold (BGL)?

It describes smart contract design, security measures, and on-chain/off-chain verification processes supporting SGC.

Where can investors and institutions access the Standard Gold Coin (SGC) White Paper from Blue Gold (BGL)?

The SGC White Paper – Institutional Edition is publicly available via Blue Gold's official channels.