Agrotoken
Agrotoken
Data verified on unchanged since the sources
Worth it if you're an agricultural producer in Latin America wanting to tokenize grain as collateral, with the only Visa card backed by agri-commodities (Visa + Banco do Brasil).
Avoid it if you're in Italy (not available) or want general-purpose use: it's in testing, covers only 3 countries and is a very niche use case.
A Visa card born from the Banco do Brasil partnership and backed by tokenized agro-commodities, an unusual RWA use case. The project is still in testing and available in only three countries, with a very niche application that limits its usefulness for the average user.
Data & conditions
| Account fee | Free |
|---|---|
| IBAN | condiviso |
| Multi-currency | No (single currency) |
| Outbound transfers to third-party IBANs | No |
| Utility direct billing | No |
| SEPA direct debit (SDD) | No |
| On-chain crypto withdrawal | Yes |
| Interest on balance | 0% |
| ATM withdrawal | not declared |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | LATAM · 3+ countries |
| Regulator | None |
| OAM Italy registration | No |
| Segment | B2B |
| MiCA / License status | None |
Plans & pricing
Strengths
- Unique Visa card backed from agro-commodities tokenized; Visa+Banco do Brasil partnership.
- No notable sovereignty advantage documented.
Weaknesses
- In test; only 3 countries; use case very niche.
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
Verdict
The rating stays in the B band because there is no declared licence or regulator: the Visa branding and Banco do Brasil backing lend confidence on the payment rails, but the tokenized agro-commodity collateral is still a model in testing and live in only three countries. For an ordinary user that means an incomplete institutional safety net and too narrow a footprint to rely on for everyday spending.
On this lens the verdict worsens: custody is fully custodial and KYC is full, so there is no key autonomy and no real privacy. The tokenized RWA angle is interesting on-chain, but this remains a product that intermediates everything through a bank and the Visa network, the opposite of a non-custodial, censorship-resistant crypto-native model.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
Reputation
What happened to people who used Agrotoken, and what users say. External signals: they do not feed the promp.it rating.
Incidents & regulatory actions
No known incidentSearch across public sources: no known hack, withdrawal freeze or regulatory action as of the verification date.
verified on
FAQ
Is Agrotoken a real bank?
Agrotoken is a digital financial service. The deposit-protection scheme is not documented for this service; check the official terms.
Can I send transfers to third-party IBANs with Agrotoken?
The ability to send transfers to third-party IBANs is not documented; check the official website.
Does Agrotoken support direct debits and utility billing?
SEPA direct debit (SDD): not documented. Utility-bill domiciliation: not documented.
Which fiat currencies does Agrotoken support?
The number of supported fiat currencies is not documented. Multi-currency accounts: not documented.
Can I withdraw crypto on-chain from Agrotoken?
On-chain crypto withdrawal is not documented; check the official website.
Sources
- Official service page Plans & pricing · Regulatory framework Data verified on Jun 13, 2026
- blockchainx.tech Supported stablecoins Data verified on Jun 15, 2026
- agrotoken.com Legal name · Corporate site Data verified on Jun 14, 2026
- algorand.co Third-party audit · Proof-of-Reserves Data verified on Jun 14, 2026
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