Visa-backed Agrotoken will build a parachain on Polkadot, aiming to tokenize agricultural products

Odaily News Agrotoken, the world’s first agricultural product tokenization infrastructure, announced that it plans to establish a parallel chain on Polkadot. The team stated that Agrotoken established a parallel chain to tokenize soybeans, corn and wheat. In the future, it will seamlessly realize the tokenization of agricultural products and will also issue stable coins with grains and food as collateral. Agrotoken is supported by Visa. The project aims to build token products that reflect various agricultural products (such as soybeans, corn or wheat). Farmers, businesses and financial institutions can easily use Agrotoken to trade, save, invest and trade agricultural products.