Plume Network, a leading platform for real-world asset (RWA) tokenization, has announced a major partnership with BlackOpal to bring Brazilian credit card receivables on-chain. This move leverages Plume’s institutional-grade infrastructure to create a seamless, secure, and FX-hedged solution for merchants and investors alike.
How It Works
Merchants can sell their credit card receivables at a discount to receive ~95% of their funds upfront.
The receivables are tokenized on-chain, meaning investors can purchase these tokens representing future cash flows.
Once Visa or Mastercard settlements occur, the tokens are redeemable at par value, ensuring predictable returns.
All transactions are USD-denominated and FX-hedged, mitigating currency risk for both Brazilian merchants and international investors.
Institutional Backing
This initiative is supported by a $200 million commitment from Mars Capital Advisors over three years.
The capital backing ensures liquidity and credibility, attracting institutional and accredited investors to the Plume ecosystem.
It also signals growing interest in tokenized real-world assets as a bridge between traditional finance and blockchain-based finance.
Why This Matters
Liquidity for Merchants: Brazilian businesses can unlock capital immediately rather than waiting for monthly card settlements.
On-Chain Transparency: Investors get verifiable exposure to real-world credit flows via blockchain.
FX-Hedged Stability: USD-denominated tokens protect participants from Brazilian real volatility.
Institutional Confidence: Mars Capital’s involvement validates Plume’s RWA infrastructure and governance.
Implications for the RWA Market
$PLUME Network’s move reflects the growing trend of tokenizing real-world assets, including loans, receivables, and other financial instruments. By providing institutional-grade infrastructure, it reduces friction and risk, making traditional finance products accessible to blockchain investors.
This initiative could serve as a model for other markets, particularly in regions where FX volatility and slow settlement cycles hinder traditional finance efficiency.
Bottom Line
Plume Network, backed by $200 million from Mars Capital, is pioneering on-chain tokenization of Brazilian credit card receivables, offering liquidity for merchants and predictable returns for investors. This development exemplifies the real-world utility of blockchain technology in connecting traditional finance with decentralized infrastructure.
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