Overstock’s VC Wing Leads $8.2M Funding Round in GrainChain
GrainChain, a blockchain platform for tracing commodities, raised $8.2 million from Medici and Eden Block.
Agri-trading platform Cerealia will focus on international trading for the world's largest wheat market, Russia.
Nori has been funded to build a blockchain-based market for carbon credits that will start by paying farmers to remove CO2 from the atmosphere.
Farm assets like soybeans will be tokenized on a platform from CoreLedger for trading against other assets like cattle or fiat currency.
An agency attached to the U.S. Department of Agriculture said it expects blockchain will play an important role in the sector's supply chains.
Agtech startup Agri10x is working with India's government to better connect small-scale farmers to global buyers, using blockchain to cut out the middleman.