Blockchain Venture Capital Inc. Announces RTO with World Digital Gold Group Ltd.
Blockchain Venture Capital Inc. Announces RTO with World Digital Gold Group Ltd.
Key Takeaway
Blockchain Venture Capital Inc. (CSE: BVCI) entered into a non-binding Letter of Intent (LOI) on March 16, 2026, with World Digital Gold Group Ltd. (WDGG) for a proposed Reverse Takeover (RTO) transaction. BVCI intends to acquire WDGG's gold-backed CBDC GLD digital asset business, representing a Canadian public market listing case study in the blockchain/digital asset sector.
# Blockchain Venture Capital Inc. Announces RTO with World Digital Gold Group Ltd.
Executive Summary
Blockchain Venture Capital Inc. (CSE: BVCI) entered into a non-binding Letter of Intent (LOI) on March 16, 2026, with World Digital Gold Group Ltd. (WDGG) for a proposed Reverse Takeover (RTO) transaction. BVCI intends to acquire WDGG's gold-backed CBDC GLD digital asset business, marking a notable Canadian public market listing in the blockchain/digital asset sector.Details
According to the [Newsfile announcement](https://www.newsfilecorp.com/release/289007/Blockchain-Venture-Capital-Inc.-Announces-Letter-of-Intent-for-Proposed-Reverse-Takeover-Transaction-with-World-Digital-Gold-Group-Ltd.), BVCI plans to acquire WDGG's gold-backed CBDC GLD digital asset business through a transaction structure involving share exchange, amalgamation, or plan of arrangement. Upon closing, the Resulting Issuer will carry on both the existing business and the development and commercialization of the gold-backed CBDC GLD digital asset token. The transaction will proceed as a Reverse Takeover under Canadian Securities Exchange (CSE) policies.Key Data
Rise Partners Implications
--- Source: https://www.newsfilecorp.com/release/289007/Blockchain-Venture-Capital-Inc.-Announces-Letter-of-Intent-for-Proposed-Reverse-Takeover-Transaction-with-World-Digital-Gold-Group-Ltd.