DWF Labs Pioneers Crypto-Gold Settlement in Test Transaction
DWF Labs, a crypto market maker and venture firm, has executed its first physical gold trade—a 25-kilogram bar—using traditional bullion-market settlement systems. The transaction, announced by Andrei Grachev on December 22, 2025, serves as a pilot for scaling commodity trades, including silver, platinum, and cotton, under its real-world asset (RWA) strategy.
Details remain scarce: no counterparty, pricing, or custodian was disclosed. The firm emphasized conventional settlement channels over on-chain transfers, signaling a hybrid approach to bridging crypto and commodity markets.
The MOVE aligns with growing institutional interest in tokenized RWAs, though DWF’s opaque disclosure leaves questions about scalability and regulatory compliance.