BlocPal International Inc. has teamed up with VNX Commodities AG to introduce BPG1, a digital token backed by gold. Each BPG1 token is secured by a 99.5% pure LBMA-certified gold bar, stored in insured vaults, ensuring a 1:1 reserve ratio. VNX, a regulated token issuer, guarantees transparency in the token's minting and burning processes. The BPG1 token initially launched on the Ethereum blockchain and plans to expand to Solana and other networks. These tokens can be traded or redeemed for physical gold through various exchanges, retailers, and BlocPal's B2B2C ecosystem, offering a versatile option for investors seeking gold-backed digital assets.