Blue Gold Limited is scaling its strategy around gold trading by combining tokenised assets, proprietary deals, and future mining operations into a single integrated model.
Blue Gold secures $15 million facility for proprietary gold trades
Blue Gold Limited (Nasdaq: BGL) has expanded its partnership with DL Hudson Dunes in the UAE, adding a dedicated $15 million gold trading facility to its platform. Announced in New York on December 03, 2025, the facility will support proprietary trades executed directly by the Company.
The new structure is designed to source gold from mines and licensed aggregators worldwide, tapping Blue Gold’s existing sector relationships. Moreover, the Company is targeting 2-3 trades per month, aiming for a projected net profit margin between 1% and 5% per trade, while maintaining disciplined risk management.
In addition to funding, DL Hudson Dunes will act as an operating partner on each transaction. This allows Blue Gold to leverage the trading group’s legal, compliance, and commercial expertise, which is expected to streamline execution and reduce counterparty risk across the entire gold trading facility.
Dual revenue streams from tokenisation and proprietary trading
Chief Executive Officer Andrew Cavaghan outlined how the DL Hudson Dunes relationship creates two distinct revenue engines for shareholders. Tokenisation of physical gold generates on-ramp fees of up to 3% every time the Company creates and sells a gold-backed token into the market.
Once minted, each token delivers ongoing economics, as Blue Gold receives transaction fees of around 0.02% every time that token changes hands. That said, management views this as effectively embedding an annuity-style income stream, comparable to Assets Under Management (AUM) for a traditional fund management business.
The existing 1m oz gold supply agreement with DL Hudson Dunes, announced on December 2, 2025, gives Blue Gold capacity to create approximately $4.2bn of tokens in circulation at current gold prices. Moreover, this volume underpins the Company’s ambitions in token backed gold products and related financial services.
Upstream value capture through proprietary gold trading
Alongside tokenisation, Blue Gold is pushing further upstream via proprietary trades. The Company intends to capture additional margin by acquiring physical gold at a discount to prevailing market prices, with targeted net profit between 1% and 5% per transaction.
This activity will focus on long-term, trusted relationships with licensed gold producers and regulated aggregators. However, the Company emphasizes that counterparties will be carefully vetted, with a strong focus on compliance, documentation, and supply chain traceability throughout its proprietary gold trading operations.
The $15m facility is expected to support between $30m and $45m worth of monthly gold trading, based on the targeted 2-3 deals. Blue Gold anticipates that these volume levels, combined with its fee-based token business, can generate a blend of recurring and higher-margin transactional revenues.
Long-term plan to move into gold mining operations
Looking ahead, Blue Gold plans to move further upstream into production, targeting larger margins available from mining. In particular, the Company is working toward the anticipated restart of the Bogoso and Prestea mines, subject to resolving the current lease dispute affecting those operations.
Beyond those assets, Blue Gold is actively pursuing additional mining opportunities. Moreover, management is evaluating acquisitions and operational partnerships across West Africa and Latin America, where the Company is currently engaged in various transaction processes focused on high-potential deposits.
Downstream strategy: fintech wallet and token utility
Downstream from tokenised gold, Blue Gold intends to capture further margin via a dedicated fintech infrastructure. The Company is developing a fintech wallet, targeted for launch by Q3 2026, which will integrate directly with its digital gold products and expand user access.
The wallet will allow holders of the Standard Gold Coin to spend their tokens through a unified ‘One App’ interface. Furthermore, the solution will include a branded credit or debit card, enabling everyday spending of tokenised gold and generating incremental fees for Blue Gold as transaction volumes scale.
This downstream strategy is designed to increase accessibility and real-world utility of the token, while complementing the Company’s upstream sourcing, trading in gold, and mining initiatives. In turn, this closed-loop ecosystem could deepen user engagement and support a more robust fee base.
Integrated gold value chain and recurring revenue model
Cavaghan summarized the strategy as an integrated approach to capturing margin at each stage of the physical and digital gold lifecycle. The model spans production, gold trading, tokenisation, and spending, each contributing distinct but complementary income streams for the Group.
According to management, the goal is to blend high-quality recurring revenue from token creation and related fees with higher-margin transactional activities, such as proprietary trades, mining operations, and fintech services. Moreover, this diversified profile is intended to improve resilience across market cycles.
About DL Hudson Dunes
DL Hudson Dunes, headquartered in Dubai, UAE, is a global commodity trading enterprise active across ferrous and non-ferrous metals, oil and gas products, and recycled materials. Its international footprint covers Europe, Asia Pacific, and the Americas, leveraging Dubai’s position as a strategic hub for energy and metals trading.
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 in key global jurisdictions. The Company aims to unlock untapped value in the gold sector by combining disciplined resource acquisition with innovative monetisation models, including asset-backed digital instruments.
Blue Gold emphasizes responsible development, operational transparency, and the use of modern financial technologies to reshape how gold is produced, accessed, and owned in the 21st century. Furthermore, the Company prioritizes growth, sustainable development, and transparency across all business practices.
Management believes that its commitment to responsible mining, combined with its evolving digital infrastructure, will enable Blue Gold to create long-term value for shareholders while seeking to minimize its environmental footprint.
In summary, the expanded partnership with DL Hudson Dunes, the $15m trading facility, and the planned fintech wallet collectively position Blue Gold to capture value across the entire gold chain, from mine to digital token and ultimately to everyday spending.
In summary, the expanded partnership with DL Hudson Dunes, the $15m trading facility, and the planned fintech wallet collectively position Blue Gold to capture value across the entire gold chain, from mine to digital token and ultimately to everyday spending.
Source: https://en.cryptonomist.ch/2025/12/03/gold-trading-dl-hudson-dunes/
