Solana-Based Marketplace AgriDex Raises $5M to Tokenize Agricultural Industry

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Jamie Crawley is a CoinDesk news reporter based in London.

AgriDex is looking to bring the global agricultural industry on-chain by tokenizing various crops to be bought and sold on its Solana-based marketplace.AgriDex, a Solana-based tokenization platform, said it raised $5 million to bring agricultural commodities on-chain.

The pre-seed funding round included investments from Endeavour Ventures, sub-Sarahan African agricultural group African Crops and South African vineyard group Oldenburg Vineyards, the company said by email on Thursday. is an area of the crypto industry that has been gathering momentum in recent months. A report by CoinGeckoTokenization of RWAs has generally been more focused on assets such as stocks, bonds and metal commodities like gold.

 

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