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Benzinga

Business

Henry Khederian

AgriForce (AGRI) Stock Surges Amid Plans For $550M Avalanche-Focused Company

AGRI Avalanche AgriFORCE AVAX

Binary,Options,Chart

Shares of AgriFORCE Growing Systems Ltd (NASDAQ:AGRI) are trading sharply higher on Monday following the company’s announcement to rebrand as AVAX One, the first publicly-traded, Avalanche (CRYPTO: AVAX) focused company on the Nasdaq.

What To Know: AgriForce plans to raise approximately $550 million through this new venture, which is dedicated to maximizing ownership of AVAX, the native token of the Avalanche network.

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