DWF Labs Settles First Physical Gold Trade
DWF Labs, a crypto-focused market maker, has executed its first physical gold trade, marking a shift into commodities as precious metals hit record highs. The inaugural transaction involved a 25-kilogram gold bar and used traditional bullion settlement infrastructure, distinguishing DWF Labs from crypto firms focused on asset tokenization. The company aims to expand into physical silver, platinum, and cotton trading. This move aligns with a broader trend of crypto companies diversifying into legacy markets to reach new audiences and broaden revenue streams, as gold and silver have recently outperformed crypto amid macroeconomic uncertainty. Meanwhile, DWF Labs continues to support digital assets through various investment funds for blockchain projects. Other crypto firms, like Coinbase, plan to offer tokenized stocks to expand their services, while companies such as Circle and BitGo seek regulated financial structures to deepen their roles in the traditional financial system.
