Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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AgriFORCE Growing Systems raises $300 million to establish AVAX treasury after going public on the US stock market
2025-10-28 11:43

According to Odaily Planet Daily, Nasdaq-listed AgriFORCE Growing Systems announced plans to raise $300 million in PIPE financing, led by Hivemind Capital. The transaction is expected to close around October 30, 2025, subject to customary closing conditions. The new funds will reportedly support the establishment of a digital currency treasury for the Avalanche network's native token, AVAX. Upon completion of the transaction, the company's name and ticker symbol will be changed to AVAX One. (PRNewswire)