Arya.ag has deployed a dedicated layer-1 network built with Avalanche technology to record grain deposits, electronic negotiable warehouse receipts and loan status tied to crops worth about $2 billion in its warehouses. The system is intended to give lenders a shared view of whether grain exists, has already been pledged as collateral and carries outstanding debt, while the physical crops and legally recognized e-NWRs remain the basis for financing. Nandan Nilekani announced the deployment Thursday at the Global Fintech Festival in Mumbai. Arya.ag operates the network, which three unnamed major banks are joining and which is expected to expand to other warehouse companies. The company facilitates about $1.3 billion in agricultural loans annually, including about $230 million issued directly through Arya Dhan. Arya.ag and Ava Labs have not disclosed onchain collateral or lending volumes, transaction data, commercial terms, or independently verified evidence of faster approvals, lower costs or wider credit access.