FUNDING | South African Agricultural Real World Assets Solana Marketplace, AgriDex, Raises Over $9 Million

BitKE · 2026-01-04T23:40:01+00:00

AgriDex, a South African marketplace for real-world assets, raised $9 million to enhance its on-chain agricultural trades, handling commodities with instant settlements and low fees, targeting a $4.5 billion market and projecting $133 million in profits by 2028.

BitKE

2026-01-04 23:40:01

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AgriDex, a South African Solana-based marketplace for real-world assets (RWA), has secured $9 million in a funding round led by:

Sycamore Gap

with participation from:

Endeavour Ventures
Hawkwood Capital
FS Ventures
HU Investments

and angel investors affiliated with:

Citadel
Goldman Sachs, and
Palantir

AgriDex facilitates on-chain agricultural trades, handling transactions for commodities like wine, coffee, olive oil, and livestock, including royal animals from Gatcombe Park. The platform provides instant settlements, charges transaction fees below 0.5%, and documents transactions using non-fungible tokens (NFTs).

According to AgriDex, it is aiming to capture a $4.5 billion market in agricultural turnover. Its partners and clients include:

Circle
Plume Network
The Imperial Shipping Group
Parrogate Group, and
Future Farm

AgriDex also collaborates with key ecosystem players such as:

Imperial Shipping Group
Parrogate
Cross Country
Future Farm
Dadtco
Oldenburg Vineyards
Demeter Ghana LTD
Esco, and
Solar Energy Projects

According to AgriDex, the project is expected to generate $133 million in profit by the end of 2028 as it disrupts traditional agricultural trade systems, creating a new era of efficiency and fairness in the global food supply chain.

In July 2024, as reported by BitKE, AgriDex successfully completed its first on-chain private transaction, facilitating the shipment of over 200 bottles of extra virgin olive oil and multiple cases of wine from a farm and vineyards in South Africa to London.

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