Appchain infrastructure protocol Tanssi has entered into a strategic collaboration with Agrotoken, the first global tokenization platform for agricultural commodities. The agreement will see the entities develop an agro-finance solution using Polkadot technology for the South American market, initially focusing on Brazil and Argentina.
Agrotoken operates in major agricultural markets where agribusiness represents a significant portion of GDP, including Brazil , Argentina , and the United States . Due to the size and complexity of the market, Agrotoken requires a robust, reliable, and scalable infrastructure, characteristics that are inherent to appchains.
Agrotoken has already tokenized $70M in cereals, the equivalent of 230,000 tons of soybeans, corn, and wheat. As this activity scales, Tanssi's support will power Agrotoken's growth while maintaining optimum performance. Tanssi will provide Agrotoken with essential infrastructure tools as a service, enabling the launch of its appchain with just a few clicks, and will support block production along with key integrations such as oracles and wallets.
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