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Davis Commodities evaluates the establishment of Solana strategic reserves and plans to allocate 5-10% of treasury funds to SOL

Online reports that Davis Commodities, a Nasdaq-listed Singapore company, announced that it is evaluating the establishment of Solana strategic reserves as part of its digital innovation and capital diversification roadmap. It is reported that the company plans to allocate 5-10% of treasury funds to SOL after internal risk assessment and compliance review, and explore the use of SOL as a practical asset for pilot projects involving tokenization, ESG certification, agricultural trade and carbon credit-linked settlement. Davis Commodities launched its digital asset treasury strategy in June this year and announced the launch of a US$30 million strategic growth plan, 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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