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Posted: 2025-06-17 00:58:18 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-06-17 00:58:29 UTC
Verified By
Rollup News
Davis Commodities, a Singapore-based agricultural commodity trading company, will purchase $12 million worth of Bitcoin to integrate Bitcoin reserves and Real-World Asset (RWA) tokenization into its business model. The company plans to allocate 15% of its funds ($4.5 million) in the first phase towards Bitcoin reserves, with a long-term goal of strategically deploying 40% of total funds into Bitcoin reserves. The World's Biggest Bitcoin Conference is heading to Hong Kong August 28-29.
Davis Commodities to buy $12 million worth of Bitcoin
Strategic initiative to revolutionize the company's business model
Integration of Bitcoin reserves and Real-World Asset (RWA) tokenization
Bitcoin Conference in Hong Kong