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Public company Davis Commodities announced a $30 million strategic plan, with 15% of the initial funds allocated for Bitcoin reserves.
Gate News bot news, Nasdaq-listed company Davis Commodities Limited announced a $30 million strategic plan to combine Bitcoin reserves with risk-weighted assets (RWA) tokenization, aiming to change the global commodity trading landscape.
The company plans to allocate 15% of its funds to its Bitcoin reserves in the initial phase.
Source: Cointelegraph
💔 $BTC – Stable, boring, reliable
🔥 $ETH – Smart, but high maintenance
👀 #Altcoins – Hot but might rob you
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