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Brazilian Farmers Tokenize Cows for Farm Loans — and It's Working
🪙 Crypto

Brazilian Farmers Tokenize Cows for Farm Loans — and It's Working

Brazilian dairy farmers have completed the first tokenized livestock deal on Brazil's stock exchange, using cows as the underlying asset. The mechanism provides farmers with access to credit amid a deepening financial crisis in the sector. The deal marks a significant step in the use of blockchain-based asset tokenization in Latin American agriculture.

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