ChainCatcher news reports that Davis Commodities Limited (Nasdaq: DTCK), an agricultural trader based in Singapore, announced that it will allocate 40% ($12 million) of its $30 million financing in phases as Bitcoin reserves, with an initial investment of $4.5 million.

In addition, the company will use 50% of the financing ($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.