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Listed Company Davis Commodities Launches Agricultural Tokenization Platform and Digital Asset Treasury Strategy
Summary: In a recent announcement, Singapore-based company Davis Commodities, listed on NASDAQ, revealed the launch of a digital asset treasury strategy and a blockchain-driven agricultural tokenization platform. This platform will convert major physical commodities such as sugar, rice, and edible oil into tokenized, tradable digital assets. It is based on smart contract settlement and supports on-chain ...
In a recent announcement, Singapore-based company Davis Commodities, listed on NASDAQ, revealed the launch of a digital asset treasury strategy and a blockchain-driven agricultural tokenization platform. This platform will convert major physical commodities such as sugar, rice, and edible oil into tokenized, tradable digital assets. It is based on smart contract settlement and supports on-chain supply chain tracking, as well as tokenized collateral, allowing institutional lenders to collateralize tokenized commodities. Davis Commodities previously announced a $30 million strategic growth plan, with 40% allocated to Bitcoin reserves to include it as a strategic financial asset on the balance sheet.
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Link: Listed Company Davis Commodities Launches Agricultural Tokenization Platform and Digital Asset Treasury Strategy [Copy]
