PANews reported on December 13 that Solana Ecosystem Tokenization Platform AgriDex has completed a strategic financing of US$4 million, led by Portal Ventures, with participation from Endeavour Ventures, Hawkwood Capital, HU Investments, FS Ventures and Sycamore Gap Management Ltd. Company. Angel investors participating in this round of financing include Tobechi Bolanle Taiwo of Palantir, Anna Yuan of Perena, Crypto Rand and Michaël van de Poppe. This round of financing consists of a mixture of equity and tokens, and AgriDex is valued at US$28.5 million.
According to reports, AgriDex is a Solana-based tokenization platform focusing on agricultural products. After this round of financing, AgriDex plans to tokenize $4.5 billion in trade commitments, expand to new commodity areas such as West African cocoa and Eastern European wheat, and cooperate with Plume Network to provide trade finance loans to support agricultural orders.
Earlier in May, it was reported that AgriDex completed a US$5 million pre-seed round of financing .
