Arya.ag tokenizes $2 billion in grain records on Avalanche

Arya.ag is testing a system to tokenize warehouse receipts for stored grain on a dedicated Avalanche layer-1 blockchain. The company currently holds approximately $2 billion in agricultural commodities across its network. This value represents existing business assets and does not yet reflect onchain activity.

The initiative involves a partnership with Finternet to connect grain deposits and loan status. Each tokenized receipt will represent ownership of the stored commodity. No launch date or initial deployment size has been disclosed to the public.

Composite data serves lender risk assessment

Finternet will combine farmer, commodity, warehouse, and insurance information into a composite token. This structure allows banks to assess collateral risk more effectively. Devika Mittal of Ava Labs confirmed that testing is currently underway.

Arya.ag’s samplers collect information about stored grain and enter it into a central portal. The system creates a shared record for lenders. This record shows what grain is stored, who owns it, and what debt is outstanding.

Scale of agricultural lending in India

Arya.ag supports approximately 120 billion Indian rupees in loans annually. Its lending arm, Arya Dhan, issues about $230 million in loans each year. These figures describe the company's existing business operations.

The Indian government launched a 10 billion-rupee credit-guarantee program in 2024. This program encourages financing against electronic negotiable warehouse receipts. The initiative targets small and marginal farmers specifically.

Regulatory framework and real-world assets

The Finternet concept traces back to a 2024 Bank for International Settlements paper. The paper proposed interconnected unified ledgers for tokenized assets. It emphasized the need for supporting legal and regulatory frameworks.

Cointelegraph reported that tokenized real-world assets on Avalanche exceeded $1.3 billion at the end of 2025. This growth was driven by loans and tokenized money-market funds. The system relies on accurate verification of physical commodities.