Wu said that Nasdaq-listed company Blue Gold (BGL) plans to launch a gold-backed digital token Blue Gold Token (BGT). The company has partnered with blockchain technology firm TripleBolt to achieve transparency and security of the tokens through smart contracts and reserve proof mechanisms, and to support the exchange of physical gold or cash. Blue Gold stated that the token will be based on its gold reserves from its mines, aiming to create a globally popular digital gold asset. The company currently owns a mine in Ghana (with disputed licensing rights).