#RWA实物资产代币化 Seeing the news that DWF Labs has completed its first physical gold transaction, the first thought that came to mind was: we are finally returning from a purely digital game to real assets.

I still remember the 2017 bull market, when everyone was speculating on concepts and stories, only to end up with a mess. Back then, I was wondering when the crypto market would mature and be able to carry truly valuable assets. Seven or eight years have passed in the blink of an eye, and from the crazy speculation back then to today’s asset-liability driven approach, this transformation has been more profound than I expected.

The most impressive data point is this: the RWA (Real-World Asset) scale expanded from $4 billion to $18 billion, with over $20 billion in stablecoins allocated to interest-bearing products. This is not just simple numerical growth; it signifies a fundamental shift in market mentality. The bubbles built on leverage and emotion have been cleared out, leaving behind real gold and silver-backed assets.

DWF Labs started with 25-kilogram gold bars and plans to expand into silver, platinum, and cotton. I’ve seen many people take this path. The key isn’t how far the starting point is, but whether one can persist in solidifying the foundation. History has shown me that truly lasting businesses often begin with the most humble commodity trading. This time, blockchain is finally going to become a real financial infrastructure.