Indian Agricultural Giant Arya.ag Tokenizes $2 Billion in Grain Inventory on Avalanche Blockchain

PANews, September 10 – According to Coindesk, India's largest agricultural warehousing company, Arya.ag, is tokenizing grain inventory, warehouse receipts, and loan status on the Avalanche blockchain. The company stated that this move provides lenders with a more reliable way to verify the crop assets behind agricultural loans. Arya.ag's warehousing system holds crops worth approximately $2 billion, its traditional business facilitates about $1.3 billion in agricultural credit annually, and its non-banking financial institution Arya Dhan directly lends approximately $230 million each year.