Brazil's B3 Completes First Tokenized Cattle Loan with 100,000 BRL in Collateral

B3-0.30%

According to CNN Brasil, Brazil's B3 stock exchange has backed a 100,000 Brazilian reais ($19,600) loan with tokenized cattle from 10 dairy cows sourced from Fazenda Engenho Velho in Paraná state, valued at approximately 120,000 Brazilian reais ($23,500). The deal was structured by investment fund Target FIDC, with each cow receiving a unique digital token linked to an encrypted digital identity.

AI-powered smart collars from agriculture tech company Cowmed monitor each animal's health. Cowmed currently tracks approximately 100,000 dairy cows across 1,000 Brazilian farms.

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