- Finternet Labs is co-created by Pramod Varma (Chief Architect of Aadhaar) and Siddharth Shetty (CEO of Finternet Labs). It is backed by the vision and leadership of Nandan Nilekani, one of India’s most influential architects of digital public infrastructure.
- Partnership to bring TradeFi innovation to agriculture, enabling lending for nearly $2B in agriculture assets.
Bangalore/New Delhi, February 11, 2026: Finternet Labs, a universal digital infrastructure today, announced a collaboration with Avalanche, the high-performance Layer-1 blockchain platform, targeting a potential $10 billion market opportunity across key sectors, including agriculture, finance, real estate, sports, entertainment, and education, among others.
The collaboration brings together Finternet Labs’ deep expertise in building financial infrastructure for population scale and Global-focused market design with Avalanche’s high-performance blockchain technology, known for its speed, scalability, and ability to support institutional-grade use cases.
Finternet Labs is co-created by Pramod Varma (Chief Architect of Aadhaar) and Siddharth Shetty (CEO of Finternet Labs). It is backed by the vision and leadership of Nandan Nilekani, one of India’s most influential architects of digital public infrastructure. Finternet Labs is focused on reimagining financial and trade infrastructure, applying the same principles of openness, scale, and inclusion to sectors like trade finance and agriculture, where fragmented processes and limited credit access have historically constrained growth.
The partnership is launching its first pilot program to facilitate new lending and financial opportunities across nearly $2B of agriculture assets, signalling a shift from experimentation to execution in India’s tokenisation journey. As agricultural value chains grow more complex and capital-intensive, the need for TradeFi (technology-enabled trade finance) in agriculture is becoming increasingly urgent. This milestone will be driven by live, enterprise-grade use cases across multiple sectors of public importance, leveraging Avalanche’s high-throughput public blockchain infrastructure and Finternet’s ecosystem coordination.
The “Real-World Assets in On-chain Finance Report,” cites a projection by Standard Chartered that the tokenisation market could grow to $30 trillion by 2034. The tokenized real-world asset market reached $15.2 billion by December 2024 (excluding stablecoins) and continued the growth, reaching over $24B by June 2025 – a remarkable 85% year-over-year expansion. Private credit has emerged as the largest RWA tokenization segment at $14 billion as of June 2025, demonstrating institutional appetite for blockchain-native credit markets.
“This collaboration reflects a shared belief that tokenisation can be a foundational layer for the next phase of India’s financial innovation,” said Sanmesh Kalyanpur, Director of Programs at Finternet Labs. “With this partnership, we aim to demonstrate how global blockchain infrastructure can be adapted to local market needs and unlock significant economic opportunities.”
Commenting on the partnership, Devika Mittal, South Asia Head at Ava Labs, said, “India represents a key market for the future of tokenised finance. Collaborations like this help bridge the gap between emerging on-chain innovation and real-world financial systems.”
Recently, Mugafi, an AI-driven platform for entertainment intellectual property (IP), partnered with Avalanche to tokenize films, anime, music, and other media assets, allowing creators to finance and distribute projects directly on-chain. Mugafi and Avalanche plan to finance more than $10 million in entertainment IP with a target to exceed $1 billion in annual IP financing throughput.
The collaboration will focus on exploring tokenisation frameworks tailored to India’s regulatory and institutional context, demonstrating enterprise-grade tokenisation use cases on public blockchain infrastructure, and engaging closely with ecosystem stakeholders to foster innovation that is aligned with compliance, transparency, and long-term market integrity.
About Finternet Labs
The Finternet is an open, programmable infrastructure designed for the representation, exchange, and governance of value. Inspired by how the internet connects information networks, it interconnects today’s fragmented financial systems — enabling assets of all kinds to be represented, governed, and transacted in a secure, interoperable, and verifiable way. At its core, the Finternet puts users at the center, with direct control over their assets and interactions. It embeds verifiability through cryptographic proof and compliance, and enables seamless transactability across systems, making value exchange faster, safer, and easier to build on.
For more info, visit https://finternetlab.io/
About Avalanche Blockchain Network:
Avalanche is a high-performance blockchain platform designed for builders who need to scale. Engineered with a revolutionary three-part Layer 1 (L1) architecture, Avalanche is anchored by its Avalanche Consensus Mechanism, ensuring near-instant finality for transactions. The platform also features an open-source Layer 0 (L0) framework, enabling the seamless creation of interoperable Layer 1 blockchains with high throughput on both public and private networks. Supported by a global community of developers and validators, Avalanche offers a fast, low-cost environment for building the next generation of decentralized applications (dApps). With its unique blend of speed, flexibility, and scalability, Avalanche is the preferred choice for innovators pushing the boundaries of blockchain technology.
For more information, visit avax.network
Source: Finternet Labs
This article “Finternet Labs and Avalanche Collaborate to Unlock $10B Tokenisation Opportunity in India” was first published on AlexaBlockchain. Read the complete article here: https://alexablockchain.com/finternet-labs-avalanche-unlock-10b-tokenisation-opportunity-in-india/
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Image Credits: Finternet Labs, Shutterstock, Canva, Wiki Commons
