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Davis Commodities Plans to Invest $30M in Blockchain and Bitcoin

Summary by cryptotale.org
Davis Commodities Limited has drafted an investment plan for $30M to launch a blockchain-powered platform. The company plans to hold 40 percent of its funds in Bitcoin to improve treasury liquidity. The Bitcoin reserve will be used for transactions and to support strategic growth initiatives. Davis Commodities Limited (Nasdaq: DTCK), a Singapore-based agricultural trading firm, has announced a $30 million initiative to integrate blockchain techn…

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Three years after the failure of the sangocoin and a few months after having launched a same corner, a kind of cryptoactive without real utility, Bangui proposes from this Saturday 21 June the "tokenization" of land, i.e. their concession in exchange for an investment in the national cryptocurrency ardently supported by President Faustin-Archange Touadera. Investors who pass the step receive for 99 years a land near Bossongo, about fifty kilomet…

·Paris, France
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Benzinga broke the news in New York, United States on Friday, June 20, 2025.
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