DWF Labs, a prominent cryptocurrency market maker, has made a strategic move into the physical commodities market by completing its first gold trade. The transaction involved a 25-kilogram gold bar and was settled using traditional bullion infrastructure, marking a significant shift for a crypto-native firm. This expansion comes as gold prices hit record highs, driven by central bank purchases and geopolitical tensions.
The company plans to broaden its commodities trading to include silver, platinum, and cotton, diverging from the trend of tokenizing real-world assets. This move highlights a growing interest among crypto firms to diversify into legacy markets. Meanwhile, DWF Labs continues to support digital asset growth through initiatives like its $250 million Liquid Fund for blockchain projects and a $75 million DeFi fund.
DWF Labs Ventures into Physical Gold Trade Amid Commodities Surge
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