Fintech Farmway strikes $100M deal to tokenize Georgia’s almond orchards

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Farmway Technologies, a US-based fintech institution specializing successful tokenizing cultivation products, has reached a $100 cardinal woody with the Republic of Georgia to enactment the country’s almond orchards connected the blockchain.

Farmway volition put the funds successful farming infrastructure, processing, logistics and irrigation systems crossed the country. The woody spans 500 hectares (1,236 acres) and includes facilities to process almond beverage powder, lipid and extracts.

“Almonds correspond 1 of Georgia’s fastest-growing cultivation sectors — rising from 2,500 tonnes successful 2023 to a projected output of 14,000 tonnes by 2027, placing the state among the world’s apical 20 producers,” Farmway CEO Upmanyu Misra told Cointelegraph.

The state reportedly had 6,000 hectares dedicated to almond cultivation successful August 2023. Some of the apical almond producers successful the state included Udabno, Nuts Incorporated, and Nuts Cultivation Company. According to the Georgia Times, locally grown almonds are progressively replacing imports, which fell 49% successful 2024, portion exports continued to rise.

The woody builds connected a erstwhile $20 cardinal concern successful Georgia’s almond industry, which served arsenic a impervious of concept, according to Farmway.

The institution volition tokenize cultivation infrastructure, including the orchards, irrigation systems and processing facilities. Each token volition correspond a fractional involvement successful an asset, and the blockchain volition grounds each activity.

“Traditional clime concern is often slow-moving, bottlenecked successful multilateral institutions and donor cycles,” Misra said. “Tokenization changes this dynamic by creating direct, cost-efficient, investor-driven pathways into agriculture, turning immense areas of onshore into investable, auditable clime assets.”

According to Misra, inferior tokens representing assets are based connected ERC-20 standards, which govern the instauration of fungible tokens connected the Ethereum network. Real-world plus (RWA) integer securities volition beryllium structured astir ERC-1155 standards, which let for creating and transferring fungible and non-fungible tokens successful a azygous transaction.

Founded successful 2020, Farmway is said to person progressive RWA tokenization projects successful 7 countries covering commodities ranging from java and cinnamon to lavender and ashwagandha. The institution alteration illiquid, accepted plus classes into programmable, globally investable units.

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RWA commodity tokenization market

According to RWA tokenization level RWA.xyz, tokenization of commodities represents a tiny but increasing information of the RWA tokenization market.

The tokenized commodity marketplace is presently valued astatine $2.5 billion, making up astir 9% of the $27.8 cardinal RWA tokenization sector. It has expanded 5.6% implicit the past 30 days.

The marketplace is led by Paxos Gold (PAXG) and Tether Gold (XAUT), some offering tokenized gold, with precious metals and cultivation products emerging as the ascendant commodities, according to onchain data.

Tokenized commodity market. Source: RWA.xyz

Justoken, a Farmway rival based successful Buenos Aires, has created tokenized funds for soybean oil, soybean bushels, fabric and corn, among different commodities. The 4 funds account for much than $500 cardinal successful marketplace headdress astatine this writing.

RWA tokenization is the process of taking real-world assets similar commodities, stocks and recognition to beryllium represented arsenic tokens connected a blockchain.

Proponents of RWA tokenization accidental the exertion volition summation accessibility to and liquidity for accepted plus classes. As of June, the marketplace had grown 260% successful 2025, impacting far-ranging sectors similar DeFi.

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