AgriFORCE One Rebrands as AVAX One with $550M Strategy and Scaramucci’s Advisory Role

Token Accumulation Plan and Market Surge Draw Institutional Backing

TL;DR

• AgriFORCE One rebrands as AVAX One, targeting $550M to acquire AVAX tokens.
• Anthony Scaramucci leads advisory board; Matt Zhang named board chair.
• Shares surge 132% while AVAX price dips 3%; major institutional investors back the plan.

AgriFORCE Growing Systems, traded under ticker AGRI, is rebranding as AVAX One with the goal of becoming the first NASDAQ-listed company focused exclusively on acquiring Avalanche’s AVAX token. The company is pursuing a $550 million capital raise to fund its treasury accumulation, a move that could push holdings above $700 million in value. The strategy combines large-scale AVAX purchases with a broader vision to establish itself as a corporate bridge into blockchain finance, capturing momentum from the rapid expansion of tokenization across traditional institutions.

The capital raise is structured in two phases: a $300 million PIPE, or private investment in public equity, subject to shareholder approval, and up to $250 million in additional equity-linked offerings. Investors already lined up include major firms such as ParaFi, Galaxy Digital, Digital Currency Group, Kraken, and Cypher Capital. Additional participants span a wide range of crypto-focused funds and institutions, among them Big Brain Holdings, FalconX, Republic Digital, Borderless Capital, Summer Capital, GSR Ventures, Fintech Collective, Bastion Trading, CMCC Global Titan Fund, Hypersphere, Fifth Lane Capital, and HashKey Capital.

Anthony Scaramucci, founder of SkyBridge Capital and former White House communications director, has joined AVAX One as head of the advisory board, where he will work alongside Coinbase’s institutional chief Brett Tejpaul. Hivemind Capital’s Matt Zhang is stepping in as chair of the board of directors, providing governance leadership to the newly restructured company. Zhang described the strategy as building the “Berkshire Hathaway of the on-chain financial economy,” emphasizing that disciplined AVAX accumulation, combined with targeted fintech acquisitions, could establish AVAX One as a dominant treasury player.

Scaramucci highlighted tokenization as the defining trend of the decade, calling it “the single biggest theme for the next decade of finance,” and stressed that AVAX One provides a rare publicly listed vehicle for mainstream investors to access that market. The firm will also maintain its energy infrastructure business through TerraHash Digital, signaling that the rebrand is an expansion rather than a complete shift.

The announcement sparked an immediate market reaction. AgriFORCE shares surged 132% on the news, reflecting investor enthusiasm for the pivot toward digital assets. Meanwhile, AVAX increased around 13.97% over the past 24 hours, becoming the best performing asset among the top 100 biggest cryptocurrencies by market cap. Avalanche itself remains a core player in tokenization initiatives, with over $6.2 billion in assets staked on its network and adoption from global financial heavyweights like JPMorgan and Apollo.

This development also contributes to shifting dynamics in the crypto price index, where corporate treasuries and institutional commitments are becoming increasingly significant drivers of the broader coin market cap. By positioning itself as a publicly traded AVAX treasury, AVAX One could set a precedent for how traditional companies merge balance sheet strategies with on-chain asset accumulation, blurring the line between Wall Street capital and blockchain-native economies.

This article has been refined and enhanced by ChatGPT.