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Crypto markets in everything? (moo)

Tyler Cowen· ·4 min read · 0 reactions · 0 comments · 6 views
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Crypto markets in everything? (moo)
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Crypto markets in everything? (moo) by Tyler Cowen July 25, 2026 at 12:40 am in Economics Farmers in Parana, Brazil, struggling to get banks to loan them cash, became the first to tokenize livestock and place 10 dairy milk cows’ tokens for trade on the country’s B3 national stock exchange. They generated nearly $20,000 in credit backed by their cattle, signaling the potential of tokenizing RWAs as a financing tool. The dairy cow tokenization in Brazil is a world first and serves as a test in a real-world scenario in which farmers are facing increasingly stringent lending limits imposed by local banks on small agricultural businesses.

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Marginal Revolution files mainly under finance. We currently carry 91 of its stories.

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Marginal Revolution · Tyler Cowen
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Crypto markets in everything? (moo) by Tyler Cowen July 25, 2026 at 12:40 am in Economics Farmers in Parana, Brazil, struggling to get banks to loan them cash, became the first to tokenize livestock and place 10 dairy milk cows’ tokens for trade on the country’s B3 national stock exchange. They generated nearly $20,000 in credit backed by their cattle, signaling the potential of tokenizing RWAs as a financing tool. The dairy cow tokenization in Brazil is a world first and serves as a test in a real-world scenario in which farmers are facing increasingly stringent lending limits imposed by local banks on small agricultural businesses.

Excerpt limited to ~120 words for fair-use compliance. The full article is at Marginal Revolution.

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