The company will become Avax One and focus on avalanche token accumulation. Agriforce aims to become the first publicly published Avax-centric entity. Institutional interests demonstrate confidence in the future of the avalanche.
Registered with NASDAQ, Agriforce Growing System has announced its historic pivot into the blockchain sector.
According to a press release Monday, the company will change its name to Avax One and raise about $550 million to fund the avalanche accumulation.
🔥new | Agriforce Growing Systems ($AGRI) will become the first public company in NASDAQ focused on #Avalanche, developing a $550 million funding strategy
$ avax’s big move! pic.twitter.com/qfbmcxbx5k
– Prime𝕏 (@primenews_en) September 22, 2025
Avax One is set to hold over $700 million avalanche tokens, making it the first public company dedicated to purchasing Avax.
The move has attracted attention as it marks a significant departure from Agriforce’s agricultural sector.
It reflects the company’s trust in blockchain as a disruptive force across a variety of industries.
Commenting on this new development, Agriforce CEO Jolie Khan said:
For the first time, we are offering open market investors professionally managed vehicles to invest directly in this transformation. Our mission is to maximize ownership of this foundational technology, Avax, by stock, and provide direct value to shareholders as this new economy grows.
Avalanches capture institutional interest
Layer 1 has gained traction as the top platform for institutions interested in blockchain.
Avalanche boasts security with over $6.2 billion betting assets.
Also, major companies such as Apollo, JPMorgan Chase and KKR have already used the Avax network to launch custom blockchain solutions and tokenized products.
Avalanche boasts faster transaction speeds, lower cost, advanced scalability and features that are important for RWA tokenization and Defi.
Such perks have increased the institutional appeal of blockchain.
$550 million bet
The company plans to raise large capital and participate from more than 50 investors, led by Hivemine Capital, including Cypher Capital, Republic Digital, Kraken, Digital Currency Group, Parafi and Galaxy Digital.
Salary increases include $250 million in equity-related funding and a $300 million pipe (subject to stakeholder approval).
Matt Zhang, founder of Hivemind Capital, said the company is planning a short-term and long-term approach.
Our short-term, aggressive strategy focuses on accumulating disciplined assets and, in the long run, acquires and employs cash flowing fintech businesses in avalanche networks. This keeps you strong growth flywheel and NAV premiums that differentiate you from all other digital asset financing companies and ETFs.
Avax One supports the goal of owning more than $700 million Avax with raised capital.
Avax price outlook
Avalanche’s native tokens maintained a bearish outlook today.
It’s trading at $31.43 after losing more than 4% of its value in the last 24 hours.
Avax remains bullish after winning 10% and 20% over the past week and month.
Altcoin trades within key breakout levels between $30 and $31.
By collecting $36, it supports the short-term rally at $42 and bullishes Avax’s short-term trajectory.
However, losing footing at $28 could potentially postpone the imminent rally.
Broad market sentiment will determine avalanche price behavior in future sessions.
Meanwhile, the new institutional benefits position the Avax project for large-scale growth in the coming era.
