segunda-feira, maio 18, 2026
HomeBlockchainAgriFORCE to rebrand as AVAX One in $550M bet on Avalanche Network

AgriFORCE to rebrand as AVAX One in $550M bet on Avalanche Network


Grayscale launches investment fund for AVAX Token

  • The agency will develop into AVAX One and focus on accumulating Avalanche tokens.
  • AgriFORCE goals to develop into the primary publicly listed AVAX-centred entity.
  • Institutional curiosity indicators confidence in Avalanche’s future.

Nasdaq-listed AgriFORCE Growing System has introduced a historic pivot into the blockchain sector.

According to Monday’s press release, the agency will change its identify to AVAX One and lift roughly $550 million to fund Avalanche accumulation.

AVAX One plans to maintain Avalanche tokens price over $700 million, turning into the primary publicly listed firm devoted to buying AVAX.

The transfer has gained consideration as it marks AgriFORCE’s vital departure from the agriculture sector.

It displays the agency’s confidence in blockchain as a disruptive pressure throughout varied industries.

Commenting on this new growth, AgriFORCE’s CEO Jolie Khan says:

For the primary time, our firm offers public market buyers with a professionally-managed car to make investments straight in this transformation. Our mission is to maximize our possession of this foundational know-how, AVAX, on a per-share foundation, delivering direct worth to our shareholders as this new economic system grows.

Avalanche grabs institutional curiosity

The Layer 1 has gained traction as a prime platform for establishments in blockchain.

Avalanche boasts safety with over $6.2 billion in staked property.

Also, main companies such as Apollo, JPMorgan Chase, and KKR are already utilizing the AVAX community to launch customized blockchain options and tokenized merchandise.

Avalanche boasts sooner transaction speeds, low prices, and excessive scalability, options which can be essential for RWA tokenization and DeFi.

Such perks have elevated the blockchain’s institutional attraction.

The $550 million bet

The agency plans an enormous capital increase led by Hivemine Capital and participation from greater than 50 buyers, together with Cypher Capital, Republic Digital, Kraken, Digital Currency Group, ParaFi, and Galaxy Digital.

The increase will embody $250 million in equity-linked financing and $300 million PIPE (topic to stakeholder approval).

Hivemind Capital founder Matt Zhang mentioned the agency plans a short- and long-term method:

Our near-term energetic technique will focus on disciplined asset accumulation and, in the long term, buying and onboarding cash-flowing fintech companies onto the Avalanche community. This creates a strong development flywheel and sustained NAV premium that differentiates ourselves from all different digital asset treasury corporations and ETFs.

AVAX One will use the raised capital to assist its aim of proudly owning AVAX price greater than $700 million.

AVAX value outlook

Avalanche’s native token maintained a bearish outlook right this moment.

It is buying and selling at $31.43 after shedding over 4% of its worth in the previous 24 hours.

AVAX remains bullish after gaining 10% and 20% in the previous week and month.

The altcoin trades inside the important thing breakout degree between $30 and $31.

Reclaiming $36 may assist short-term rallies to $42 and flip AVAX’s near-term trajectory to bullish.

However, shedding the foothold at $28 would possibly postpone the upcoming rally.

Broad market sentiments will decide Avalanche’s value actions in the approaching classes.

Meanwhile, rising institutional curiosity positions the AVAX undertaking for large development in the approaching instances.





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