Brazil puts tokenized cows to work as loan collateral: Report
Brazil’s B3 stock exchange has conducted a transaction in which ten tokenized dairy cows backed a $19,600 loan, marking one of the country’s first uses of tokenized livestock as loan collateral. The loan, of 100,000 Brazilian reais, was secured by the cows from Fazenda Engenho Velho in Paraná and was structured by the Brazilian investment fund Target FIDC. Each cow was assigned a unique digital token linked to an encrypted identity, while AI-powered smart collars from Cowmed monitored their health. This approach introduces a new method for livestock farmers to access credit using cattle as collateral, with Cowmed currently monitoring around 100,000 dairy cows across 1,000 Brazilian farms.























