Avalanche to Bring $2B in Indian Grain Onchain With Arya.ag

More than $2 billion in stored agricultural commodities held across 12,000-plus warehouses in India is coming to Avalanche, according to an announcement from avax on Oct. 7, 2026.

The infrastructure is being built by Indian agri-fintech Arya.ag alongside Finternet. The two are working with lenders Singularity Credit and Aryadhan to turn stored crops into verifiable collateral for credit, connecting millions of farmers to storage, markets and financing.

By moving warehouse records and the lending process onchain, lenders can verify collateral and trace financing with greater transparency. Farmers gain access to credit backed by crops they already own, rather than needing separate assets to secure a loan — a persistent bottleneck in agricultural finance, where stored commodities are difficult for lenders to audit and monitor.

Why it matters

Avalanche has been positioning itself as a venue for real-world asset tokenization. The network said the same day that tokenized U.S. Treasuries on Avalanche grew fourfold this year, rising 14% in Q3 to 545 million.

The agricultural deal extends that push into commodity finance, where the value of collateral depends on physical verification of grain in warehouses.

Details on how warehouse receipts will be issued onchain — whether commodities are tokenized directly or represented through attestations — and which lending pools will deploy first have not yet been disclosed. Those mechanics will determine how much of the $2 billion in grain is ultimately financeable through onchain credit.