Nasdaq-listed company AgriFORCE announced that it will change its name to AVAX One and launch a $550 million financing plan, aiming to become the first publicly traded company to focus on investing in the Avalanche ecosystem. The company plans to cumulatively hold more than $700 million worth of AVAX tokens, and is advised by SkyBridge founder Anthony Scaramucci and Coinbase institutional business leader Brett Tejpaul.
The financing package includes $300 million in Private Equity and up to $250 million in equity-related financing, which has been participated by more than 50 institutions such as Galaxy Digital and Kraken. The company's long-term goal is to acquire fintech companies and migrate them to the Avalanche network.
Nasdaq-listed AgriFORCE changes name to AVAX One, launches $550 million Avalanche investment program
2025-09-22 20:51:16
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