Introduction
In a bold move that bridges traditional finance with blockchain innovation, the Avalanche Foundation announced a strategic partnership with AgriFORCE Growing Systems (AGRI), a NASDAQ-listed ag-tech firm, on September 22, 2025. AGRI revealed plans to raise approximately $550 million to transform into AVAX One, a company dedicated to building a treasury of Avalanche’s native AVAX tokens. This marks a significant pivot from its agricultural roots, signaling a growing trend of institutional adoption in the cryptocurrency space.
New Strategy
Under the new strategy, AVAX One will use part of the raised funds to purchase locked AVAX tokens directly from the Avalanche Foundation. These tokens, subject to a long-term lock-up schedule that permits staking and other uses, are intended to bootstrap a treasury potentially exceeding $700 million, according to related market reports. The Avalanche Foundation, in turn, will reinvest the proceeds into ecosystem growth, including real-world asset (RWA) investments and additional AVAX purchases, reinforcing its commitment to long-term sustainability.
This development follows Avalanche’s successful $250 million “Avalanche9000” upgrade in December 2024 and a reported $1 billion treasury raise plan from September 11, 2025, highlighting a concerted effort to strengthen its market position. The move comes amid a broader 2025 trend where public companies have raised over $16 billion for crypto treasuries, with high-profile involvement from figures like Anthony Scaramucci, who will serve as strategic advisory chair for AVAX One alongside Hivemind Capital.
Controversy
However, the transition is not without risks. Financial data from Investing.com shows AGRI’s precarious health score of 1.4 out of 5 and a current ratio of 0.13, suggesting liquidity concerns. Despite this, the stock surged 130% post-announcement, reflecting speculative optimism about Avalanche’s potential to bridge Wall Street and blockchain technology. With over 50 institutions, including Galaxy Digital and Digital Currency Group, committing to the raise, AVAX One’s bold rebranding could set a precedent for future crypto-focused public companies.
As the crypto market watches closely, this partnership underscores Avalanche’s growing influence and the evolving landscape of tokenized assets, potentially reshaping how traditional firms engage with decentralized finance.
