AgriDex executes first on-chain farmland deal on Solana network

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AgriDex announced the first on-chain farmland transaction on the Solana network was successfully completed.

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The deal consists of a $165,000 land purchase in Zambia. The purchase was settled immediately at no cost using AgriDex’s digital settlement system. AgriDex is a Solana-based platform focused on real-world assets with a focus on the global agricultural industry.

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AgriDex says it is preparing to process an additional $2.6 million in farmland deals in the coming weeks. The company also claims that by using its platform, partners are collectively saving over $40 million per year in transaction-related costs.