TechFlow news, on July 13, Davis Commodities, a Singapore-based company listed on Nasdaq, announced it is evaluating the establishment of a Solana strategic reserve as part of its digital innovation and treasury diversification roadmap. The company plans to allocate 5-10% of its treasury funds to SOL after internal risk assessment and compliance review, and explore using SOL as a utility asset in pilot projects involving tokenized ESG-certified agricultural trade and carbon credit-linked settlements. In June this year, Davis Commodities launched its digital asset treasury strategy and announced a $30 million strategic growth initiative, 40% of which will be invested in Bitcoin reserves to include it as a strategic financial asset on its balance sheet.
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