WuSaidBlockchainW
vip

Wu learned that Davis Commodities, a Singapore-based agricultural trader (NASDAQ: DTCK), announced that it is evaluating the establishment of a Solana strategic reserve as part of its roadmap for digital innovation and funding diversification. The company plans to allocate 5-10% of its treasury funds to SOL after an internal risk assessment and compliance review, and explore the use of SOL as a utility asset for pilot projects involving tokenization of ESG verification agricultural trade and carbon credit-linked settlement. Davis Commodities launched its digital asset treasury strategy in June this year and announced a $30 million strategic growth plan, with 40% allocated to Bitcoin reserves to incorporate it as a strategic financial asset on its balance sheet.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)