NASDAQ-listed company Davis Commodities launched a blockchain agricultural tokenization platform while also establishing a $30 million Bitcoin reserve.
On June 21, Davis Commodities, a Singapore company listed on Nasdaq, announced the launch of a digital asset treasury strategy and an agricultural tokenization platform based on blockchain technology. This platform transforms key physical commodities such as sugar, rice, and cooking oil into tokenized, tradable digital assets. The platform settles based on smart contracts and supports on-chain Supply Chain tracking, as well as tokenization collateral, allowing institutional lenders to mortgage 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 its balance sheet.
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.
NASDAQ-listed company Davis Commodities launched a blockchain agricultural tokenization platform while also establishing a $30 million Bitcoin reserve.
On June 21, Davis Commodities, a Singapore company listed on Nasdaq, announced the launch of a digital asset treasury strategy and an agricultural tokenization platform based on blockchain technology. This platform transforms key physical commodities such as sugar, rice, and cooking oil into tokenized, tradable digital assets. The platform settles based on smart contracts and supports on-chain Supply Chain tracking, as well as tokenization collateral, allowing institutional lenders to mortgage 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 its balance sheet.