2026-01-09 05:32:33

Brazilian credit card accounts receivable tokenization platform BlackOpal recently made a major move—securing a three-year financing of a total of $200 million. This round of funding was participated in by Switzerland's Mars Capital Advisors, with Draupnir Capital responsible for bridging the gap, acting as both a financing advisor and capital raising entity.

What will this funding be used for? BlackOpal plans to launch an institutional-grade product called GemStone on the RWA blockchain Plume, specifically designed to tokenize credit card accounts receivable in the Brazilian market. It sounds a bit complex, but the core logic is actually quite clear—accounts receivable are registered for ownership through the C3 registry of the Central Bank of Brazil, and subsequent collection and settlement can be automatically processed through Visa and Mastercard infrastructure.

This model moves traditional financial risk assets onto the blockchain while retaining the convenience of existing payment networks, making it an interesting attempt at RWA implementation.

RWA-1,79%

PLUME-3,97%

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Degentleman

· 2h ago

This is the right way for RWA to be played, not those intangible and elusive things.

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ColdWalletGuardian

· 01-10 13:15

Over in Brazil, it seems like traditional financial institutions are tired of the old ways and are coming to the blockchain to make a profit... Investing 200 million USD into Plume, it looks like they're betting that RWA can really take off.

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GateUser-beba108d

· 01-09 19:05

Investing 200 million just to put credit card bills on the blockchain? Brazilians really want to make a splash with this move.

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TaxEvader

· 01-09 06:02

Wow, pouring 200 million into accounts receivable tokenization, Brazilians really dare to play. RWA is now heating up among various players, it really feels like it’s about to land. Hey, but can credit card receivables really run stably, and how are the risks managed? GemStone name is quite good, haha. Moving traditional finance onto the chain sounds great, but on the execution level, who will vouch for it? I'm a bit curious whether the Plume chain can handle this level of volume in the future.

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CryptoWageSlave

· 01-09 05:57

Ha, RWA is up to its tricks again, this time truly bringing credit card debt onto the blockchain.

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MidnightTrader

· 01-09 05:42

RWA is indeed quite interesting, but the Brazil market... we'll have to see how it unfolds later.

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Anon32942

· 01-09 05:35

200 million dollars invested in Brazil's credit card accounts receivable, this RWA approach is quite interesting BlackOpal's move is intriguing, transferring the dirty work of traditional finance onto the chain, and also integrating Visa and MC infrastructure, it's not just a simple blockchain game Can the GemStone on Plume really run smoothly? The key still depends on the central bank’s approval By the way, if this model becomes successful, will accounts receivable in every country be handled this way in the future? However, raising 200 million in just two years of financing is indeed much faster than some projects.

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