Arya.ag Builds Blockchain System for Tracking Grain Assets and Secured Loans on Avalanche
Arya.ag is building a blockchain-based system in India to track agricultural assets used as collateral for loans. Data on grain stored in warehouses will be recorded on Avalanche’s distributed ledger, allowing lenders to verify the existence and status of collateral, as well as the obligations associated with it.
Arya.ag manages more than $2 billion worth of agricultural commodities stored across more than 12,000 warehouses in India. Its existing infrastructure facilitates about $1.26 billion in lending annually, while its Arya Dhan unit independently issues about $230 million in loans each year.
According to industry media, the company is building a dedicated Layer 1 blockchain network on Avalanche. Other warehouse operators and financial institutions will be able to connect to the infrastructure in the future.
The system will consolidate the core information required for grain-backed lending:
- data on the owner and agricultural commodities;
- warehouse and insurance information;
- warehouse receipts and collateral status;
- information on the loan issued.
On-chain tools will allow lenders to confirm that the grain pledged as collateral exists, verify ownership, and determine whether it’s already securing another loan. This is expected to simplify collateral verification and make the lending process more transparent.
At the time of the announcement, the system was in testing. The timeline for a full-scale launch and the volume of assets to be moved on-chain during the initial phase weren’t disclosed. The new infrastructure is expected to speed up collateral verification and make it easier for farmers to secure financing against crops stored in warehouses.
It’s worth noting that in July 2026, Brazilian AgriTech company Cowmed, which specializes in digital livestock monitoring, completed the country’s first official lending transaction backed by tokenized cattle.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
USD/JPY falls below 157! The yen becomes the strongest G-10 currency, with the market betting on another rate hike by the central bank next month.
On Wednesday, the yen strengthened against the US dollar, with the USD/JPY rate falling below the 157 mark, as repeated warnings from the Japanese government regarding exchange rates and end-of-quarter capital flows provided support for the yen.
The scale of the compute power agreement between Anthropic and SpaceX has been revealed, reaching up to $84.5 billions, double the previously disclosed amount.
According to Anthropic’s IPO prospectus, the company has signed a computing power leasing agreement with SpaceX valued at $84.5 billion, far surpassing the previously disclosed $45 billion in SpaceX’s IPO documents. The agreement runs until 2029, with most terms cancellable within 90 days. At the same time, Anthropic’s total spending on AI infrastructure over the next decade is expected to be at least $518 billion.
KOSPI Index in South Korea falls by 0.3%
Canadian Dollar remains subdued near two-month lows as falling oil prices weigh
Crypto prices
More
