AgriFORCE shares surge 10.26% premarket after rebranding to AVAX One Technology to align with Avalanche blockchain ecosystem.

AgriFORCE Growing Systems Ltd. surged 10.26% in premarket trading following its announcement to rebrand as AVAX One Technology Ltd. and transition to the ticker symbol "AVX" on Nasdaq. The company emphasized its strategic pivot to Avalanche (AVAX) digital asset initiatives, including building a treasury of AVAX tokens and leveraging staking rewards for growth. CEO Jolie Kahn highlighted the rebranding as a reflection of the firm’s role in the Avalanche ecosystem, aiming to bridge traditional finance with decentralized applications. The move aligns with Avalanche’s institutional-grade blockchain adoption by firms like KKR and J.P. Morgan, signaling potential for capital appreciation and fintech innovation. The premarket rally suggests investor optimism toward the company’s new focus on blockchain integration and digital asset exposure.