Publicly listed Davis Commodities is evaluating the establishment of a Solana strategic reserve and is considering allocating 5-10% of its funds to SOL

According to Globenewswire, on July 13, Singapore-based Nasdaq-listed Davis Commodities (stock code: DTCK) disclosed today that it intends to evaluate the establishment of a Solana (SOL) strategic reserve as part of its broader digital innovation and funding diversification roadmap. DTCK is currently evaluating the feasibility of the following initiatives: Diversified funding allocation: Consider allocating 5-10% of funds to Solana, subject to internal risk assessment and compliance review. Tokenized commodity integration: Explore the use of SOL as a utility asset for pilot projects involving tokenized ESG-certified agricultural trade and carbon credit-linked settlement. Infrastructure partnership: Conduct preliminary discussions with blockchain infrastructure providers to evaluate the interoperability and on-chain settlement functions of stablecoins. Davis Commodities launched its digital asset treasury strategy in June this year and announced a $30 million strategic growth plan, 40% of which will be invested in Bitcoin reserves to include it in the balance sheet as a strategic financial asset.