On June 16, Coin World reported that Singapore-based agricultural trader Davis Commodities Limited (Nasdaq: DTCK) announced it will allocate 40% ($12 million) of its $30 million funding in phases as Bitcoin reserves, with an initial investment of $4.5 million. In addition, the company will use 50% of the funding ($15 million) for the tokenization of physical agricultural assets (RWA), involving commodities such as sugar and rice; the company expects this business to generate $50 million in annual revenue within two years. The remaining 10% of the funds will be used for digital infrastructure and security system construction.