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NASDAQ-listed Company Blue Gold Plans to Launch Gold-backed Digital Token
Summary: In breaking news, NASDAQ-listed company Blue Gold announced plans to launch a gold-backed digital token, with the company currently owning a mine in Ghana (with disputed licensing rights). CEO Andrew Cavaghan revealed that the digital token to be launched will be tied to future gold production, stating, 'I believe that gold-backed tokens may be highly ...
In breaking news, NASDAQ-listed company Blue Gold announced plans to launch a gold-backed digital token, with the company currently owning a mine in Ghana (with disputed licensing rights). CEO Andrew Cavaghan revealed that the digital token to be launched will be tied to future gold production, stating, 'I believe that gold-backed tokens may be highly successful as a form of currency globally, as people can clearly feel the authenticity of this token and can use it directly for consumption or exchange it directly for physical gold.' In previous news, stablecoin giant Tether has recently been in talks with mining and investment groups, planning to invest in gold mining and channel its massive cryptocurrency profits into the gold market.
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Link: NASDAQ-listed Company Blue Gold Plans to Launch Gold-backed Digital Token [Copy]
