AVAX One Aims to Be the 'Berkshire Hathaway' of On-Chain Finance

AgriFORCE, a Nasdaq-listed company, has rebranded as AVAX One, marking a strategic pivot to focus on building a $550 million digital asset treasury centered around Avalanche’s (AVAX) native token. The company announced a capital-raising initiative that includes a $300 million private investment in public equity (PIPE) and up to $250 million in additional equity-linked instruments, with participation from over 50 institutional and crypto-native investors, including ParaFi, Galaxy Digital, and Hivemind Capital . The move has already driven a 132% surge in AgriFORCE’s stock price following the announcement, reflecting strong investor confidence in the new direction .

Anthony Scaramucci, founder of SkyBridge Capital, has joined AVAX One’s strategic advisory board, leveraging his expertise in traditional finance and digital assets to guide the firm’s capital-raising efforts and market positioning. Scaramucci emphasized tokenization as a transformative force for finance, stating it represents “the single biggest theme for the next decade of finance” . His involvement complements Hivemind Capital’s role in the initiative, with Matt Zhang, founder of Hivemind, set to chair AVAX One’s board. Zhang described the venture as an effort to build the “Berkshire Hathaway of the on-chain financial economy,” combining disciplined AVAX accumulation with fintech acquisitions .

The rebranded entity aims to amass over $700 million in AVAX tokens, positioning itself as a major institutional player in the Avalanche ecosystem. This strategy aligns with the Avalanche blockchain’s growing adoption by traditional finance entities, including JPMorgan and Apollo, which have explored tokenization projects on the platform . AVAX One’s focus on AVAX treasury management mirrors broader trends in the crypto market, where firms seek to capitalize on blockchain’s scalability and speed to attract institutional and retail investors. The company’s existing energy infrastructure operations will continue under its TerraHash Digital division, ensuring a diversified revenue stream .

Market reactions to AVAX One’s rebranding have been mixed, with the AVAX token briefly recovering to $31.79 after the announcement but still trading 3% lower over the past 24 hours . Analysts note that while AVAX One’s ambition aligns with the Avalanche ecosystem’s potential, the strategy faces risks from regulatory shifts, market volatility, and execution challenges. For instance, nearly a quarter of Bitcoin treasury firms currently trade below their coin holdings’ value, highlighting the precarious nature of crypto-backed equities . However, AVAX One’s integration of token accumulation with fintech and insurance acquisitions may offer a more sustainable growth model compared to pure-play crypto treasury strategies.

The initiative also benefits from a favorable regulatory environment, particularly the U.S. GENIUS Act, which provides a framework for tokenized assets. This legislative support has bolstered investor optimism, with industry leaders like Jolie Kahn, AVAX One’s CEO, emphasizing the company’s role in bridging traditional finance and blockchain innovation. “For the first time, public market investors have a professionally managed vehicle to invest directly in this transformation,” Kahn stated, underscoring AVAX One’s mission to maximize shareholder value through AVAX ownership .

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[2] title2 (https://www.coindesk.com/business/2025/09/22/anthony-scaramucci-involved-as-agriforce-one-rebrands-to-avax-treasury-company-shares-rise-132)

[3] title3 (https://thecryptobasic.com/2025/09/22/scaramucci-backs-700m-avalanche-token-buy-via-avax-one/)

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[5] title5 (https://www.mexc.com/news/agriforce-growing-systems-a-publicly-listed-company-plans-to-raise-550-million-to-transform-its-avax-treasury-strategy/104937)

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