US-listed company Davis Commodities says it intends to assess the establishment of a SOL strategic reserve

On July 13, according to Globenewswire, Singapore-based global agricultural commodity trading company Davis Commodities (Nasdaq: DTCK) disclosed today that it intends to evaluate the establishment of a strategic $SOL reserve as part of its broader digital innovation and capital diversification roadmap. DTCK is currently evaluating the feasibility of the following initiatives:

Diversified capital allocation: Consider allocating 5-10% of excess funds to Solana, subject to internal risk assessment and compliance review;

Tokenized commodity integration: Explore the use of $SOL as a utility asset for pilot projects involving tokenized ESG-certified agricultural trade and carbon credit-linked settlement;

Infrastructure partnership: Conduct preliminary discussions with blockchain infrastructure providers to assess stablecoin interoperability and on-chain settlement capabilities.