$Avax 23$ >> 33$
💬 The NASDAQ-listed company AgriFORCE Growing Systems is rebranding to AVAX One and plans to raise $550 million to build a token reserve of $AVAX worth over $700 million.
📊 This is the first NASDAQ-listed company to focus entirely on the Avalanche ecosystem, combining digital asset investment with the continued operation of the agricultural technology sector.
Details:
- Capital raising: $300 million through private investment in the public company, with participation from over 50 institutional investors (such as Hivemind Capital, ParaFi, Galaxy Digital...) and up to $250 million through stock.
📈 AGRI shares rose 132% after the announcement.
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