Agriforce growth systems (Agri) is the rebranding as a ship one and launches a capital increase of $ 550 million to become the first company listed at the Nasdaq focused on the acquisition of avalanche The native token of the avalanche blockchain, the company announced on Monday in a press release.
Anthony Scaramucci, founder of the Skybridge Capital investment company, and long -term defender of digital assets, joins the head of the company’s advisory council.
Agriforce’s shares were negotiating 132% up after the announcement. AVAX was 3% lower in the last 24 hours.
The company said that it was aimed at accumulating more than $ 700 million in Avox, giving public investors a vehicle managed by professionals to obtain network exposure, which guarantees $ 6.2 billion in stigried assets and was used by companies like JPMorgan and Apollo for tokenization initiatives.
The founder of Hivemind Capital, Matt Zhang, who will chair the board of directors, said that Avx One’s plan is to build the “Berkshire Hathaway of the ONCHAIN financial economy”, combining an accumulation of disciplined token with fintech acquisitions to stimulate growth.
Anthony Scaramucci of Skybridge Capital, which joins the company’s advisory council alongside the institutional head of Coinbase, Brett Tejpaul, said that tokenization is “the biggest theme for the next decade of finance” and that Avax One offers a public market ramp to participate in this change.
The increase includes a hose of $ 300 million, the approval of pending shareholders and up to $ 250 million in additional stocks, with the participation of investors such as Parafi, Galaxy Digital, DCG, Kraken and Cypher Capital.
Big Brain Holdings, Falconx, Republic Digital, Borderless Capital, Summer Capital, GSR Ventures, Collective Fintech, Bastion Trading, CMCC Global Titan Fund, Hypersphere, Fifth Lane Capital and Hashkey Capital also participated in the increase.
AVAX One will also continue to operate existing energy infrastructure activities in Agriforce through its terrahash digital division.
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