Blue Gold partners with Trust Stamp for biometric wallet development

Blue Gold Limited (NASDAQ: BGL) entered into a letter of intent with Trust Stamp Inc. (NASDAQ: IDAI) to develop a biometrically secured wallet platform for holders of the company's gold-backed digital assets.

The partnership aims to create a passwordless "Wallet-of-Wallets" system for Blue Gold's Standard Gold Coins, which represent physical gold stored in Brink's vaults under a Wyoming digital asset statutory trust. Each coin represents one gram of physical gold.

Trust Stamp will use its biometric identity tokenization technology to develop a non-custodial wallet architecture that eliminates passwords, seed phrases, and centralized key storage while maintaining user control and institutional-grade security.

The proposed system would provide passwordless access through live biometric presence without storing biometric data or private keys in centralized locations. The platform is designed to function across multiple devices and blockchains while offering governance and recovery features.

"Blue Gold was founded to bridge physical gold with the digital financial system at institutional standards," said Nathan Dionne, chief technology officer of Blue Gold. The company recently announced access to up to one million ounces of physical gold through a long-term supply arrangement.

Gareth N. Genner, chief executive officer of Trust Stamp, stated that the wallet platform would provide Blue Gold customers with protection and control consistent with institutional expectations.

The companies expect to execute definitive agreements early in 2026, according to the press release statement. The letter of intent outlines a framework for technical development, integration, and potential commercialization of the biometric wallet system.

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