AgriFORCE Growing Systems (AGRI) to Launch as First Publicly-Traded Avalanche-Focused Company on NASDAQ with a $550 Million Capital Raise Strategy

Core Viewpoint - AgriFORCE Growing Systems Ltd. will be renamed AVAX One and aims to raise approximately $550 million to provide dedicated exposure to AVAX, the native token of the Avalanche network, marking it as the first NASDAQ-listed company with this focus [1][12]. Company Strategy - The company plans to maximize ownership of AVAX tokens, targeting over $700 million in AVAX holdings, which will position it as a foundational partner in the Avalanche ecosystem [5]. - The capital raising strategy includes a $300 million PIPE offering, subject to shareholder approval, with plans for an additional $250 million through equity-linked instruments [5]. - The near-term strategy will focus on disciplined asset accumulation, while the long-term vision includes acquiring cash-flowing fintech businesses to onboard onto the Avalanche network [4][12]. Industry Context - Avalanche is positioned as a high-speed, institutional-grade blockchain that enables major financial institutions to create compliant blockchains for tokenizing real-world assets, supported by $6.2 billion in staked assets [2]. - The tokenization of assets is identified as a significant trend for the next decade in finance, with Avalanche being recognized as a leading platform for this transition [7]. Leadership and Advisory - The strategic advisory board will include notable figures such as Anthony Scaramucci from SkyBridge Capital and Brett Tejpaul from Coinbase Institutional, enhancing the company's credibility in the financial sector [6]. Market Positioning - AVAX One aims to be the premier regulated gateway for public market investors to engage with the onchain economy, leveraging a professionally managed approach to its digital asset treasury [12].