Davis Commodities Limited (Nasdaq: DTCK), a leading Singaporean trader of agricultural products, has announced the launch of a digital treasury strategy and a blockchain platform for the tokenization of agricultural products. An investment of $30 million is aimed at integrating $BTC and tokenizing assets such as sugar, rice, and vegetable oils. About 40% of the funds ($12 million) will go to Bitcoin reserves as a hedge against inflation, while 50% ($15 million) will be used for developing a platform that promises revenue growth to $50 million over two years.
This initiative aims to revolutionize agricultural trading by improving liquidity and transparency in supply chains. Tokenization will allow for fractional ownership of assets, attracting institutional investors. Davis Commodities aims to be a pioneer in combining traditional trading with digital technologies, strengthening its position in the markets of Asia, Africa, and the Middle East.
Despite low profitability (1.76% margin), the company sees blockchain as the future of the industry. Experts predict that the market for tokenized assets will grow to $16 trillion by 2030. Will Davis Commodities lead this trend?
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