DWF Labs Expands into Commodities with First Physical Gold Trade
DWF Labs, a cryptocurrency market maker known for its digital asset ventures, has executed its first physical gold transaction—a 25-kilogram bar—using traditional bullion infrastructure. This strategic pivot into commodities trading comes as gold prices surge, outperforming crypto assets in recent months.
The firm plans to expand into silver, platinum, and cotton markets, signaling a diversification beyond its core crypto market-making business. Managing partner Andrei Grachev confirmed the gold trade as a 'test tranche,' underscoring the company's methodical approach to commoditizing real-world assets.
While competitors focus on tokenizing RWAs, DWF Labs' physical commodity play leverages existing institutional infrastructure. Gold's 18% year-to-date rally contrasts with crypto's flat performance, making the timing opportunistic for such expansion.
