Starting from the integration with Agrotoken, producers will be able to use their digital grains (or agrotokens) as collateral to operate or obtain financing from Banco Santa Fe and Banco Entre Ríos.
He Petersen Group and Agrotoken by JusToken, announced a strategic and commercial alliance aimed at transforming the regional agricultural ecosystemintegrating tradition, innovation and offering simpler, more accessible and transparent financial solutions, thanks to Blockchain technology.
Agrotoken, real-world asset tokenization infrastructure, promotes a new way of operating and financing in the agricultural sector. Through the tokenization of grains, it allows producers to transform their crops into accessible digital assets in a simple, secure and transparent way.
From the integration with Agrotoken, producers will be able to use their digital grains (or agrotokens) as collateral to operate or obtain financing from the Banco Santa Fe and Banco Entre Ríos, both entities of the Petersen Group.
“With Agrotoken we connect the value of the field with cutting-edge financial tools that benefit producers and the entire agricultural ecosystem,” stood out Fernando González, Corporate Manager of Wholesale Banking of the Petersen Group, who added that the agreement “is very favorable for the agricultural ecosystem since it will allow simpler and more agile access to lines of credit, guarantees and financing alternatives for the sector.”
“We are proud to connect the sector with financial tools based on blockchain technology. Our alliance with Banco Santa Fe and Banco Entre Ríos, in addition to modernizing the agricultural ecosystem, also provides producers with easier and safer access to financial resources,” stated Eduardo Novillo Astrada, CEO and Co-Founder of Agrotoken by JusToken.
Banco Santa Fe and Banco Entre Ríos are thus among the first to adopt blockchain technology for financial operations, through this alliance with Agrotoken that reaffirms the commitment of both entities to offer innovative financial products that respond to the needs of agriculture. promoting the productivity and sustainability of the sector, within the framework of its purpose of expediting growth for regional development.
What are agrotokens?
Agrotokens are stable tokens backed by real grains. Its transformation allows producers to access various tools to transact, finance and generate liquidity, enhancing their business with modern and safe alternatives.
In Argentina, the Agrotoken by JusToken ecosystem has more than 1,000 agricultural producers, 250 participating businesses, 40 associated collections and more than 220,000 tons of tokenized grainsconnecting the power and tradition of the Argentine countryside with digital innovation.
Source: Ambito
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