In the rolling hills of eastern Georgia, where ancient trade routes once carried silk and spices, a new kind of commodity revolution takes root. Digital tokens now represent almond trees, irrigation pipes, and processing plants as the Republic of Georgia becomes an unlikely pioneer in blockchain agriculture.
The transformation arrives through a ground-breaking $100 million investment that promises to digitize the country’s rapidly expanding almond sector, turning traditional orchards into globally tradeable digital assets.
Farmway Technologies, a specialized fintech firm from the U.S., leads this ambitious venture that will transform traditional farming into tokenized digital assets. The company plans to revolutionize Georgia’s agricultural landscape by converting 1,236 acres of almond orchards into blockchain-based investments.
The current deal builds upon Farmway’s earlier $20 million pilot investment, which validated the blockchain agriculture model in Georgian markets.
Digital Infrastructure Powers Agricultural Growth
The comprehensive investment package delivers cutting-edge technology across Georgia’s farming infrastructure. Farmway commits resources to modernize irrigation networks, upgrade processing capabilities, and establish advanced logistics systems throughout the nation.
The initiative includes sophisticated processing facilities that will produce almond milk powder, premium oils, and valuable extracts. These processing plants represent a significant leap forward for Georgia’s agricultural sector, which traditionally focused on raw commodity exports.
Upmanyu Misra, CEO of Farmway, emphasizes the strategic timing of this investment. Georgia’s almond production demonstrates explosive growth, skyrocketing from 2,500 tonnes in 2023 to an anticipated 14,000 tonnes by 2027. This dramatic expansion catapults the nation into the world’s top 20 almond-producing countries.
Market Dynamics Drive Local Success
Georgia’s almond industry demonstrates remarkable self-sufficiency as domestic production displaces imports. Import volumes plummeted 49% in 2024, while export revenues continue to climb steadily.
Major Georgian producers, including Udabno, Nuts Incorporated, and Nuts Cultivation Company, spearhead this transformation. These companies cultivate approximately 6,000 hectares dedicated to almond production, establishing Georgia as a regional agricultural powerhouse.
Tokenization Revolutionizes Agricultural Finance
Farmway’s innovative approach aims to convert physical agricultural assets into digital tokens that investors can purchase and trade globally. Each token represents fractional ownership in orchards, irrigation systems, and processing facilities, with all transactions recorded permanently on blockchain networks.
The technical infrastructure will be built on Ethereum blockchain standards. It will use ERC-20 tokens for utility purposes. These are interchangeable tokens commonly used for things like platform credits or payments. For real-world asset securities, it will use ERC-1155 tokens, which can handle both interchangeable and unique assets in a single contract, making them ideal for representing complex or diverse asset types.
Since 2020, when it was founded, Farmway has expanded operations across seven countries, tokenizing diverse commodities from coffee and cinnamon to lavender and ashwagandha. The company transforms illiquid traditional assets into programmable investment opportunities accessible to global markets.
The Georgian partnership signals growing momentum in the $2.5 billion tokenized commodity sector, which comprises 9% of the broader $27.8 billion real-world asset tokenization market that grew 260% in 2025.
