Triple Bolt Technology announces Blue Gold Token backed by futures contracts.

Triple Bolt Technology LLC has announced a technical plan for the Blue Gold Token (BGT), a digital asset backed by long-term futures contracts on physical gold. Each token represents a contractual right to a future delivery of gold, secured through verified reserves and a compliant smart contract-based framework. This aims to bring institutional-grade commodity exposure to blockchain-based capital markets.

Triple Bolt Technology LLC has announced a high-level technical plan for the Blue Gold Token (BGT), a digital asset backed by long-term futures contracts on physical gold. The BGT 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 a compliant smart contract-based framework.

The Blue Gold Token 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 [1].

Technical implementation includes smart contract engineering with time-lock mechanisms to enforce a minimum redemption window and secure early withdrawal logic if applicable. The token will also integrate with Blue Gold's existing proof of reserves system, which has been validated by independent third-party experts and auditors. This multi-layered proof system will be visible via a public-facing dashboard by the time the BGT is launched, providing full transparency [1].

At maturity, token holders will be entitled to redeem each token for physical gold or a cash equivalent. The redemption protocol will be handled through a regulated entity or trustee, with full KYC/AML compliance as required [1].

To ensure security and compliance, all smart contracts will undergo third-party audits prior to deployment. Blue Gold is in discussions with leading firms to conduct technical reviews and provide continuous monitoring of deployed smart contracts [1].

Upon launch, Blue Gold will deploy initial liquidity on decentralized exchanges (DEXs), forming a BGT/USDT or BGT/ETH pair. Liquidity pools will be seeded and locked to promote market stability and investor confidence [1].

Triple Bolt Technology's CEO, Nathan Dionne, commented on the project, "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" [1].

References:
[1] https://www.globenewswire.com/news-release/2025/07/17/3117426/0/en/TripleBolt-Introduces-New-Gold-Backed-Crypto-Asset-Blue-Gold-Token-for-NASDAQ-listed-Blue-Gold-BGL.html