[Brazil's Fazenda Engenho Velho Farm Completes Financing Through Tokenized Livestock on B3 Exchange] According to Decrypt, Brazil's Fazenda Engenho Velho farm has completed its first tokenized livestock financing on the B3 exchange, using 10 dairy cows as collateral for a loan amount of 100,000 Brazilian reais (approximately $19,400). Cowmed utilized AI sensors to collect data on the cows, generating digital identities that were incorporated into the credit contract. In 2025, bankruptcy filings in Brazil's agricultural sector reached 1,990 cases. Cowmed plans to include 20% of monitored cows (approximately $77.6 million) into the tokenized collateral system within two years and aims to leverage approximately $970,000 in credit by the end of 2026.