AVAX Joins Crypto Treasury Elite with AgriFORCE’s Massive $550 Million Offering
AVAX vaults into the big leagues as AgriFORCE drops half-billion dollar treasury bombshell.
The Treasury Play
Move over Bitcoin balance sheets—Avalanche just scored corporate adoption fireworks. AgriFORCE's $550 million treasury allocation signals institutional confidence screaming louder than any trading floor hype.
Smart Money Moves
This isn't pocket change diversification. That nine-figure commitment bulldozes through traditional finance's cautious drip-feeding approach. Corporate treasuries finally waking up to crypto's yield potential while banks still debate custody solutions.
The Avalanche Effect
Watch other blockchain projects scramble to match this treasury benchmark. When real-world agriculture meets decentralized finance, even skeptical CFOs can't ignore the arithmetic. Though let's be real—most traditional treasurers still think stablecoins are coffee loyalty points.
This allocation doesn't just validate AVAX's technology—it rewrites corporate finance playbooks. The only question now: which Fortune 500 follows suit before their competitors eat their lunch?
AgriFORCE set to rebrand as AVAX One following $700 million AVAX treasury plan
AgriFORCE Growing Systems announced plans to rebrand as AVAX One, becoming the first Nasdaq-listed company dedicated to holding the Layer-1 token, according to a statement on Monday.
The company seeks to raise $550 million from a private investment in public equity (PIPE) deal worth $300 million, combined with an additional near-term funding of up to $250 million. In the long run, it plans to purchase $700 million worth of AVAX tokens.
"Our vision is to build the 'Berkshire Hathaway of the on-chain financial economy,' which is the execution of a multi-year thesis that Wall Street needs a smarter, more scalable way to get exposure to institutional grade blockchain infrastructure," said Matt Zhang, Founder of Hivemind Capital and nominated Chairman of AgriFORCE Board.
The PIPE deal is led by Hivemind Capital with participation from more than 50 institutional and crypto-native investors, including ParaFi, Galaxy Digital, Digital Currency Group, Kraken and Republic Digital, among others.
The company claims that its strategic advisory board will be chaired by Anthony Scaramucci, Founder of SkyBridge Capital, and BRETT Tejpaul, Head of Coinbase Institutional, alongside other prominent leaders from the finance industry.
"AVAX One, backed by HivemindCap, is a first-of-its-kind public company dedicated to building a crypto treasury focused on AVAX. Proud to serve as Advisory Chair and see real-world assets, Fintech and insure-tech brought on-chain," said Scaramucci in an X post on Monday.
AGRI ROSE over 130% on Monday following the announcement, as fresh demand quickly inflated its small market capitalization.
The MOVE comes amid a wider push among low-cap public companies in 2025 to establish crypto treasuries.
AVAX bounces off 20-day SMA as it eyes recovery of key trendline support
AVAX is down 3% over the past 24 hours. The Layer 1 token is attempting to recover the support of an ascending trendline, extending from September 9, after bouncing off the 20-day Simple Moving Average (SMA). Further down, it could find support NEAR $27.3.
AVAX/USDT daily chart
On the upside, AVAX faces resistance near $36.2, a level that restricted its uptrend last Friday.
The Relative Strength Index (RSI) and Stochastic Oscillator (Stoch) have retreated from their respective overbought regions and are trending downwards, indicating a weakening bullish momentum.
