Abu Dhabi - Sharikat Mubasher: Hub71 startup Maalexi, an agri-trade fintech startup specializing in derisking and transforming cross-border food and agricultural supply chains, announced its plans to establish the world’s first Agricultural Asset Token Exchange (MAATEX) on Avalanche.
MAATEX will be powered by real world asset (RWA) tokens, risk data, and embedded intelligence, using Maalexi’s in-house and patented IoT, blockchain, and AI-driven applications, the company announced in a press release today.
The exchange will enable global buyers and suppliers to buy and sell verified agricultural commodities securely stored and monitored in Maalexi-nominated warehouses or in transit with Maalexi-assigned shipping agencies using Maalexi Agri Tokens (MATs).
By uniting Maalexi’s proven RWA tokenization engine and patented risk oracles with Avalanche’s high-performance blockchain, MAATEX will redefine how global food and agricultural commodities are traded, owned, and delivered by enabling instant ownership, immediate domestic and cross-border settlements, and trusted performance assurance.
Commenting on this milestone, Azam Pasha, Co-Founder and CEO of Maalexi, said: “By running MAATEX on Avalanche, we will combine this intelligence with high-performance blockchain infrastructure, enabling sub-second settlements, verified digital ownership, and a programmable trust layer that will redefine the reliability, scale, and efficiency of global agri trade.”
Meanwhile, Rohit Majhi, Co-Founder and CTO of Maalexi stated that MAATEX will be built on a deep technical foundation where every token will carry embedded intelligence driven by multiple layers of risk and performance oracles integrated directly into our RWA engine.
For his part, Khalid Dannish, MENA Head at Ava Labs, said: “By launching MAATEX on Avalanche, Maalexi is creating a new digital market infrastructure where tokenized agricultural assets can move with full transparency and embedded assurance. Avalanche’s enterprise-grade architecture provides the speed, trust, and scalability needed to power tokenized cross-border commodity flows.”
As a Hub71 startup, Maalexi continues to scale within Abu Dhabi’s growing technology ecosystem, benefiting from access to global partners, regulators, and investors through the specialist ecosystem, Hub71+ Digital Assets.