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AgriDex secures 4 million dollars to enhance agriculture tokenization on Solana

AgriDex, a Solana-based tokenization platform for agriculture, has raised $4 million in a strategic funding round led by Portal Ventures, with participation from several venture capital firms and angel investors. This brings AgriDex's total funding to over $9 million, following a $5 million pre-seed round earlier this year.The platform aims to onboard major agricultural institutions and expand collaborations to enhance tokenization and trade finance in the agriculture sector. AgriDex has already tokenized various agricultural products, leveraging Solana's blockchain for improved supply chain management.
crypto.news
Future Farm Technologies Inc. GBR Tobechi Bolanle Taiwo Anna Yuan Show more
Technology & Innovation, Market Report
20:26 12.12.2024

AgriDex secures 4 million dollars to enhance agricultural commodity tokenization

AgriDex, a Solana-based tokenization platform for agricultural commodities, has raised $4 million in a funding round led by Portal Ventures, bringing its total funding to $9 million. The platform aims to tokenize $4.5 billion in trade commitments and expand into new commodities, while enhancing supply chain transparency through NFTs. The AGRI token recently launched and is trading at approximately $0.1001, with plans for a community airdrop and increased ecosystem development.
The Block
United States Dollar British Pound Sterling Euro GBR Omar Anwar Tobechi Bolanle Taiwo Henry Duckworth Andrew Wardrop Anna Yuan Show more
Finance & Economy, News Article
19:03 12.12.2024
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