Search results for B3
Crypto
OranjeBTC bitcoin treasury strategy draws attention; can it become Brazil\'s Strategy?
Brazilian bitcoin treasury company OranjeBTC is pursuing a strategy to expand bitcoin’s use in financial markets, focusing on bitcoin-backed lending and digital credit products. CEO Kiu Gomes says bitcoin’s role is widening into finance. He cites regulatory changes, a VASP licensing system and investment demand in Brazil as key factors. OranjeBTC also points to access via its shares and the B3-listed ETF DIGY11, designed to pay monthly distributions in reais.
Crypto
Moody\'s assigns B3 credit rating to Sky Protocol in first for stablecoin
Moody\'s has assigned a B3 issuer credit rating to Sky Protocol, which operates the USDS stablecoin, The Block reported on Tuesday. The outlook is stable. The report said this is the first time Moody\'s has rated a stablecoin protocol. Sky said the rating shows growing recognition of its creditworthiness and said it is the only stablecoin protocol with official ratings from both Moody\'s and S&P.
Crypto
Brazil uses tokenised dairy cows as loan collateral
A loan secured by 10 tokenised dairy cows has been registered on Brazil’s B3 stock exchange, Cointelegraph reported. The 100,000 real loan is backed by cows owned by Fazenda Engenho Beltrão in Parana state in southern Brazil and valued at about 120,000 real. Each cow was assigned a unique token linked to an encrypted digital identity. Cowmed’s AI smart collars track health to reduce on-site due diligence.