AgriFORCE rebrands as AVAX One and stakes $550 million on Avalanche Network

Johny Smith

2025/11/10

3 mins read


  • The company will be renamed AVAX One and will focus on accumulating Avalanche tokens.
  • AgriFORCE aims to become the first publicly traded AVAX-centric company.
  • Institutional interest signals confidence in Avalanche’s future.

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

Sea the press release from Monday The company will change its name to AVAX One and raise approximately $550 million to fund the Avalanche accumulation.

AVAX One plans to hold over $700 million worth of Avalanche tokens, becoming the first publicly traded company dedicated to purchasing AVAX.

This move has attracted attention as it marks AgriFORCE’s significant withdrawal from the agricultural sector.

It reflects the company’s confidence in blockchain as a disruptive force in various industries.

Commenting on this new development, Jolie Khan, CEO of AgriFORCE, said:

For the first time, our company offers public market investors a professionally managed vehicle to invest directly in this transformation. Our mission is to maximize our ownership of this foundational technology, AVAX, on a per-share basis and deliver direct value to our shareholders as this new economy grows.

Avalanche attracts institutional interest

Layer 1 has gained traction as a top platform for institutions interested in blockchain.

Avalanche has security with over $6.2 billion in assets staked.

Leading companies such as Apollo, JPMorgan Chase and KKR are already using the AVAX network to launch customized blockchain solutions and tokenized products.

Avalanche features faster transaction speeds, low costs, and high scalability – features that are critical for RWA tokenization and DeFi.

Such perks have increased the institutional appeal of blockchain.

The $550 million bet

The company plans a massive capital raise led by Hivemine Capital and the participation of more than 50 investors, including Cypher Capital, Republic Digital, Kraken, Digital Currency Group, ParaFi and Galaxy Digital.

The capital raise includes $250 million in equity-linked financing and $300 million in PIPE (subject to stakeholder approval).

Hivemind Capital founder Matt Zhang said the company plans to take a short- and long-term approach:

Our short-term active strategy will focus on disciplined wealth creation and long-term on acquiring and integrating cash flow fintech companies into the Avalanche network. This results in a strong growth flywheel and a sustainable NAV premium that sets us apart from all other treasury companies and digital asset ETFs.

AVAX One will use the capital raised to support its goal of owning more than $700 million in AVAX.

AVAX price outlook

Avalanche’s native token maintained a bearish outlook today.

It is trading at $31.43 after losing over 4% of its value in the last 24 hours.

AVAX remains bullish after has increased by 10% and 20% in the last week and last month.

The altcoin is trading within the important breakout level between $30 and $31.

Reclaiming $36 could support short-term rallies to $42 and turn AVAX’s short-term price into an uptrend.

However, a loss of the $28 level could delay the upcoming rally.

Overall market sentiment will determine Avalanche’s price movements in the coming sessions.

Meanwhile, emerging institutional interest positions the AVAX project for massive growth in the times to come.