July 13th, according to Globenewswire, Singapore-based global agricultural trading company Davis Commodities (Nasdaq stock code: DTCK) today disclosed its intention to evaluate the establishment of a $SOL strategic reserve as part of its broader digital innovation and fund diversification roadmap. DTCK is currently evaluating the feasibility of the following initiatives:
Fund Diversification: Considering allocating 5-10% of excess funds to Solana, subject to internal risk assessment and compliance review;
Commodity Tokenization Integration: Exploring the use of $SOL as a utility asset for pilot projects involving tokenized ESG-certified agricultural trade and carbon credit-linked settlements;
Infrastructure Partnership: Holding preliminary discussions with blockchain infrastructure providers to assess stablecoin interoperability and on-chain settlement capabilities.
[BlockBeats News]