The listed company Davis Commodities has launched an agricultural tokenization platform and a digital asset treasury strategy

ChainCatcher news, Singapore-based company Davis Commodities, listed on NASDAQ, announced the launch of a digital asset treasury strategy and a blockchain-driven agricultural tokenization platform that will convert major physical commodities such as sugar, rice, and cooking oil into tokenized, tradable digital assets. The platform is based on smart contract settlement and supports on-chain supply chain tracking, as well as tokenized collateral, allowing institutional lenders to collateralize 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 on its balance sheet.