Agridex, a project operating on the Solana (CRYPTO:SOL) blockchain to facilitate the tokenisation of agricultural commodities, recently secured $5 million in a pre-seed funding round.

This financial boost is set to enhance the platform's capabilities in the agriculture sector.

The funding round was spearheaded by Endeavour Ventures, with notable contributions from entities such as African Crops Limited and Oldenburg Vineyards.

This initiative marks a significant step towards developing Agridex’s Solana-powered agricultural marketplace, indicating a growing interest and investment in the intersection of blockchain technology and agriculture.