[Bit推] The Singapore company Davis Commodities, listed on Nasdaq, announced the launch of a digital asset treasury strategy and a blockchain technology-based agricultural tokenization platform that transforms major physical commodities such as sugar, rice, and cooking oil into tokenized, tradable digital assets. The platform is based on smart contracts for settlement and supports on-chain supply chain tracking, as well as tokenized collateral, allowing institutional lenders to pledge tokenized goods.
Davis Commodities previously announced a $30 million strategic growth plan, with 40% allocated to Bitcoin reserves to incorporate it as a strategic financial asset into the balance sheet.
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Nasdaq-listed company Davis launches agricultural Token platform with 40% of strategic funds to be invested in Bitcoin reserves.
[Bit推] The Singapore company Davis Commodities, listed on Nasdaq, announced the launch of a digital asset treasury strategy and a blockchain technology-based agricultural tokenization platform that transforms major physical commodities such as sugar, rice, and cooking oil into tokenized, tradable digital assets. The platform is based on smart contracts for settlement and supports on-chain supply chain tracking, as well as tokenized collateral, allowing institutional lenders to pledge tokenized goods. Davis Commodities previously announced a $30 million strategic growth plan, with 40% allocated to Bitcoin reserves to incorporate it as a strategic financial asset into the balance sheet.