Davis Commodities shares fall 3.53% premarket after announcing stablecoin settlement review.

Davis Commodities Limited fell 3.53% in premarket trading. The company announced that it is reviewing the potential development of a stablecoin-enabled settlement infrastructure and a multi-region CFD (Contract for Difference) trading framework as part of its digital capital market strategy. These initiatives reflect Davis Commodities’ intent to explore more efficient, transparent, and ESG-aligned commodity finance models, particularly across high-growth, underbanked markets in Africa, Latin America, and Southeast Asia.