TechFlow news, January 11 — Maalexi, an agritech fintech startup in Abu Dhabi’s Hub71 ecosystem, announced the launch of the world’s first Agricultural Asset Token Exchange (MAATEX).
The platform will be built on the Avalanche blockchain and aims to transform cross-border food trade by leveraging real-world asset (RWA) tokenization. By combining Maalexi’s risk management technology with Avalanche’s high-performance blockchain infrastructure, MAATEX seeks to enable instant ownership transfer and cross-border settlement.
Maalexi’s move to launch a dedicated exchange builds on its operational success. The startup has reported delivering millions of kilograms of agricultural products and executing thousands of blockchain smart contracts.
Notably, the company claims a supply failure rate of less than 1%, significantly below the industry average of 50%, while improving buyers’ capital efficiency by 72%.
