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GUSD Minting
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DWF Labs' gold trading division begins offering gold "retail" delivery services
On January 6th, DWF Labs partner Andrei Grachev announced that they received one kilogram of gold with a purity of 999.9% from DWF Labs’ gold trading division. DWF Labs plans to expand its gold trading business and increase gold reserves by 2026. They have already started offering retail gold delivery services, with a minimum order size of one kilogram. Previously, on December 22nd, DWF Labs completed its first physical gold transaction, a test trade involving a 25-kilogram gold bar. DWF Labs stated that they are scaling up their operations and plan to trade physical silver, platinum, and cotton in the future, with the vision of capturing a significant share in the RWA market.