DWF Labs has obtained Virtual Asset Service Provider (VASP) approval from the British Virgin Islands Financial Services Commission (BVI FSC) under the Virtual Assets Service Providers Act 2022. This approval enables the firm to offer institutional OTC trading and market making services across thousands of digital assets and stablecoins through a regulated entity. The British Virgin Islands represent nearly 10% of the global tokenization market for US Treasuries, with $1.5 billion in distributed value. BVI-domiciled entities also facilitate over $1.2 billion in active circulating stablecoins, with weekly transfer volumes of $694.1 million. DWF Labs is strengthening its regulatory framework to deliver a broader range of services to international institutional clients.
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