AVAX One, previously known as AgriFORCE Growing Systems, has unveiled a $550 million fundraising initiative led by Matt Zhang, founder of Hivemind Capital. The Nasdaq-listed company aims to establish itself as a major player in blockchain finance, focusing on the Avalanche (AVAX) token. The fundraising is divided into two phases: a $300 million private investment in public equity (PIPE) currently in progress, and a second phase targeting up to $250 million. AVAX One plans to hold over $70 million in AVAX tokens and generate yield through staking, positioning itself as a 'Berkshire Hathaway of on-chain finance.' The initiative has garnered support from more than 50 institutional investors, including Galaxy Digital and Kraken, underscoring significant interest in the company's ambitious blockchain finance strategy.