Foresight News reports that the Solana-based agricultural tokenization platform AgriDex has completed a $4 million strategic round of financing, led by Portal Ventures, with participation from Endeavour Ventures, Hawkwood Capital, HU Investments, FS Ventures, and Sycamore Gap Management. The funds raised will be used to tokenize and process $4.5 billion in unfinished trade commitments from partners such as Future Farms, Oldenburg, and Parrogate Group. The platform also plans to expand its coverage to tokenize and trade new commodities such as cocoa from West Africa and wheat from Eastern Europe.
Foresight News previously reported that AgriDex completed a $5 million Pre-Seed round of financing in May of this year, led by Endeavour Ventures.