Maalexi raises $2.8M led by Tawuniya to build a regulated agricultural exchange

What's the deal? MaalexiDealroom has a profile for this one. Try Dealroom →, the UAE-based company behind agricultural token exchange MAATEX, has closed an oversubscribed $2.8 million early-stage round.

Saudi insurer TawuniyaDealroom has a profile for this one. Try Dealroom → and returning backer Global Ventures led the round, joined by angel investor Musaab Hakami.

The company is building what it calls the world's first regulated real-world asset (RWA) agricultural exchange, designed to add verification, standardisation, and transparency to cross-border trade.

Why now? Maalexi has spent 36 months building a verification and risk layer for physical agricultural trade across the UAE, Saudi Arabia, India, and the US.

That operation has logged 4,000+ smart contracts on the AvalancheDealroom has a profile for this one. Try Dealroom → blockchain and a 70% repeat-customer rate.

"We are now building the exchange layer on top of that foundation," said co-founder and chief executive officer Dr Azam Pasha. The round positions Maalexi for a Series A.

What could go wrong? Maalexi admits cross-border agricultural markets have long lacked a viable exchange because trade is fragmented, hard to verify, and nonstandardised.

Tokenising physical commodities into a regulated public market is unproven at scale, and regulatory approval across multiple jurisdictions remains a hurdle.

The signal: Tawuniya, a corporate investor and Saudi Arabia's largest insurer, leading the round for an early-stage agri-trade fintech signals growing institutional appetite for blending physical commodity trade with digital asset infrastructure. With returning pre-Series A backer Global Ventures alongside it, the syndicate reflects a broader push to bring real-world assets on-chain — moving tokenisation beyond crypto speculation and into the plumbing of cross-border agricultural markets.

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