DWF Labs co-founder "Completed physical gold transaction test…Accelerating RWA vision"
Minseung Kang
Summary
- DWF Labs co-founder said they completed a physical gold transaction for the first time.
- He explained they plan to expand the scope of transactions to silver, platinum, cotton in the future.
- They said this case is an extension of DWF Labs' goal to accelerate its real-world asset tokenization (RWA) market vision.
Andrei Grachev(Andrei Grachev) DWF Labs co-founder said he completed a physical gold transaction for the first time.
On the 22nd, Grachev, the co-founder, said on X (formerly Twitter), "We settled a test tranche of physical gold bar (bar) transactions amounting to 25kg," adding, "the entire process went smoothly."
He explained, "While assuming this transaction was experimental in nature, we plan to expand the scope of transactions in the future to physical silver (silver), platinum (platinum), cotton (cotton), etc."
Grachev added, "This is an extension of the vision to play a substantive role in DWF Labs' real-world asset tokenization (RWA) market."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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