Farmway Technologies has announced a significant $100 million investment deal with the Republic of Georgia to tokenize the country's almond orchards on the blockchain. The project will expand on an earlier $20 million investment, covering 500 hectares of land dedicated to almond cultivation. Funds will be allocated to enhancing infrastructure, processing, logistics, and irrigation. Georgia's almond production is rapidly increasing, projected to rise from 2,500 tonnes in 2023 to 14,000 tonnes by 2027, positioning the country as one of the top 20 producers worldwide. Farmway CEO, Upmanyu Misra, emphasized how tokenization can streamline agricultural investment, making vast areas of land into audited climate assets. The utility tokens created will follow ERC-20 standards, while the real-world asset digital securities will utilize ERC-1155 standards, allowing for efficient transactions. As the market for tokenized commodities grows, Farmway aims to transform traditional asset classes into programmable units, helping increase accessibility and liquidity within the agricultural sector.

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