Argentina

The tokenized silobag market was launched in Argentina

by

The futures and options exchange in Argentina, Matba Rofex, announced the tokenization of the first silobags in the country. This process creates digital representations of the grains stored in silobags, allowing their use as collateral in financial transactions. Due to this collaboration, companies that store grains in silobags now have the possibility of tokenizing them, … Read more

Tether invests $100 million in Argentine company

by

Tether Limited, the issuer of the USDT stablecoin, has acquired a 9.8% stake in Adecoagro, an agricultural company with operations in Argentina and Brazil. According to a document filed with the United States Securities and Exchange Commission (SEC), The investment is equivalent to 10,048,249 shares of that entity, valued at 100 million dollars. Adecoagro stands … Read more