Originally formed in 2017, AgriFORCE grew as an agriculture-technology company focused on controlled-environment agriculture, hydroponics-based automated growing systems, and the development of plant-based ingredients and products via its “Brands” division. Over time it expanded into other domains, including acquiring and operating bitcoin-mining and clean-energy facilities — for example, a 2024 acquisition of a mining site in Alberta that the company repurposed to combine excess mining heat and carbon for agricultural use (shrimp farming, micro-greens, seaweed), representing a hybrid of energy, agriculture, and sustainable design.
In late 2025, the company dramatically repositioned itself, announcing a rebranding: on November 13, 2025, AgriFORCE officially became AVAX One Technology Ltd., changing its ticker from “AGRI” to “AVX.” This rebranding reflects a wholesale strategic pivot: the company is now presenting itself as the first publicly traded “Avalanche Treasury” vehicle — effectively a publicly traded company whose main mission is to accumulate and hold tokens of AVAX, the native token of the Avalanche blockchain ecosystem.
As AVAX One, the company aims to bridge traditional capital markets with decentralized finance. Its strategic plan reportedly includes a major capital raise (on the order of hundreds of millions of dollars) to build a sizable AVAX-token treasury, benefit from in-kind staking rewards, and potentially acquire or onboard fintech businesses onto Avalanche’s network. While the company still lists a variety of past activities — including its agriculture- and energy-related operations — its public narrative is now squarely focused on providing investors with regulated access to the Avalanche ecosystem and leveraging blockchain infrastructure to create long-term value.
In short, AVAX One Technology Ltd. represents a sharp transformation: from a small agri-tech and sustainable-energy firm experimenting with hydroponics, bitcoin-mining, and carbon-reuse agriculture — to a nascent crypto-treasury firm aiming to position itself as a vehicle for institutional-grade exposure to Avalanche, combining elements of traditional equity, blockchain finance, and long-term digital-asset treasury management.