AgriFORCE Growing Systems has pivoted from agri-tech to crypto, announcing a new strategy centered on Avalanche. The company, rebranding as AVAX One, plans to raise $550 million to build a treasury targeting $700 million in AVAX holdings.
Funding will include a $300 million private investment in public equity and $250 million via equity-linked instruments. Hivemind Capital is leading the raise, joined by 50+ backers including ParaFi, Galaxy Digital, Kraken, and FalconX.
AgriFORCE also formed a high-profile advisory board, featuring SkyBridge Capital’s Anthony Scaramucci and Coinbase Institutional’s Brett Tejpaul. The long-term plan combines AVAX accumulation with the acquisition of fintech businesses integrated into the Avalanche network.
The announcement triggered a dramatic 200% rally in AgriFORCE shares, which opened sharply higher Monday. Despite its new direction, the firm stressed a commitment to disciplined growth within the Avalanche ecosystem, aiming to become a leading AVAX treasury player.
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