Farmers in Paraná, Brazil, secured roughly $20,000 in credit by tokenizing 10 dairy cows on the B3 stock exchange, a first‑of‑its‑kind approach to obtain financing when banks have limited lending.

Cowmed, an agtech company, created encrypted digital identities for each cow using AI‑powered tracking collars that record health, behavior and location, enabling the animals to serve as movable collateral without on‑site inspections.

The system prevents double‑pledging of the same animal and allows a farmer to replace a dead cow with a live one, according to the company.

Cowmed monitors about 100,000 dairy cows valued at more than $395 million across more than 1,000 farms and expects up to 20 percent of its network to adopt the tokenized financing model, potentially unlocking $77.6 million in additional agricultural credit, the firm said.

Thiago Martins of Cowmed told CNBBrasil that the process provides formal registration of the cattle as movable assets on B3 and offers producers an alternative source of collateral during heightened credit restrictions, the outlet reported.

Cowmed did not immediately respond to a request for comment from CoinDesk.

Analysts project the market for tokenized assets to reach $4 trillion by 2030 and $30 trillion by 2034, according to forecasts from McKinsey & Company and Standard Chartered, while total tokenized asset value stood at $25 billion as of March 2026.

Regulators and financial institutions are monitoring the use of real‑world asset tokenization in agriculture as the model expands.