AgriFORCE to Launch $700M AVAX Treasury via AVAX One

Nasdaq-listed AgriFORCE Growing Systems has secured shareholder approval to launch a $700 million AVAX treasury on the Avalanche blockchain. Renamed AVAX One, the company plans a dual-track fundraising of $300 million via private investment in public equity (PIPE) and $250 million through equity-linked instruments. The funds will build a treasury target of around 22 million AVAX tokens at current prices, marking a major crypto treasury strategy for a publicly traded firm. AVAX One intends to acquire profitable fintech businesses and deploy them on Avalanche, leveraging staking yields estimated at 6.7% to generate nearly $47 million annually. Hivemind Capital leads the raise, backed by over 50 investors including Galaxy Digital, Kraken and ParaFi, with advisory support from Anthony Scaramucci and Brett Tejpaul. AVAX has rebounded from lows near $18 to hold above $20 amid growing institutional demand. Continued buying pressure from AgriFORCE’s treasury build could push AVAX toward $30–$40 if momentum persists. Traders should watch for shifts in token supply and staking rewards as the transaction closes by October 30, 2025.