Holy Cow! Brazil Tokenizes 10 Dairy Cattle on B3, Unlocks $20K in Livestock-Backed Credit 🐄

Ten dairy cows in the Brazilian state of Paraná became the first livestock in the world to be tokenized on a national stock exchange, with agtech firm Cowmed placing the animals on B3 and generating nearly $20,000 in credit backed by the cattle. The pilot highlights a new use case for real-world asset tokenization at a time when local banks are tightening lending to small agricultural businesses.

Each cow was outfitted with an AI-powered "Smarty Collar" that continuously monitors health, behavior, and location. Cowmed converts that telemetry into an encrypted digital identity tied directly to a B3 credit agreement, allowing the animals to function as verifiable movable collateral without requiring on-site inspections. Continuous tracking is designed to prevent farmers from pledging the same animal to multiple loans and includes provisions allowing the farmer to swap a deceased cow out of the arrangement.

"We take the cow, which is a real and tangible asset, and transform it into a digital asset backed by a unique code monitored in real time," Cowmed's Thiago Martins told CNN Brasil. "This digitization allows for formal registration with B3 as a movable asset. The process is simple and gives the producer an advantageous opportunity to finance themselves, opening a new alternative for collateral at a time of strong credit restrictions in agribusiness." Cowmed did not immediately respond to a request for comment.

Cowmed already monitors roughly 100,000 cows valued at more than $395 million across its network. The company expects up to 20% of that base to adopt tokenized financing, which it projects could eventually unlock about $77.6 million in new agricultural credit. The Paraná pilot is part of a broader push into tokenizing tangible assets as an alternative channel for liquidity in sectors underserved by traditional bank lending.