Cryptocurrency exchange ByBit reportedly wants to look more like a bank.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The company plans to begin offering banking services, including accounts that allow users to h ...

Core Insights - AgriFORCE Growing Systems Ltd. has successfully closed its PIPE Financing, becoming the first publicly-traded company focused on the Avalanche blockchain ecosystem [1][3] - The transaction, initially announced on September 22, 2025, represents a significant milestone in the company's transformation into an institutional-grade vehicle for investors [2][3] - The company aims to provide public market investors with regulated access to the Avalanche ecosystem, enhancing its position in digital financial innovation [3] Company Strategy - The company plans to build a significant position in AVAX tokens through its PIPE financing and additional capital initiatives, including an at-the-market program [5] - AgriFORCE will be renamed AVAX One, focusing on maximizing AVAX per-share accretion for shareholders through a disciplined approach to digital asset treasury [7] - The company is advised by veterans from institutional finance and the digital asset industry, positioning itself as a premier gateway for public market investors [7] Avalanche Blockchain - Avalanche is a high-speed, institutional-grade blockchain that serves as a foundational digital settlement layer for future finance [4] - The technology is utilized by major financial institutions like KKR, Apollo, and J.P. Morgan Chase for tokenizing real-world assets [4] - The network is secured by over $6.9 billion in staked assets, indicating strong institutional backing [4]