Deep Tide TechFlow News, on January 9, according to Globenewswire, Brazil’s credit card receivables tokenization and payment finance platform BlackOpal announced a three-year financing support of a total of $200 million. Swiss-based Mars Capital Advisors participated in the investment, Draupnir Capital served as the financing transaction advisor and capital introduction partner. The new funds will support the launch of an institutional-grade product, GemStone, on RWA blockchain Plume, for tokenizing credit card receivables in the Brazilian market. It is reported that the ownership of receivables is registered with the Central Bank of Brazil’s C3 registry, and collections can be automatically settled through Visa and Mastercard infrastructure.
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BlackOpal, a platform for tokenizing credit card receivables and payment finance, secures $200 million in three-year financing support
Deep Tide TechFlow News, on January 9, according to Globenewswire, Brazil’s credit card receivables tokenization and payment finance platform BlackOpal announced a three-year financing support of a total of $200 million. Swiss-based Mars Capital Advisors participated in the investment, Draupnir Capital served as the financing transaction advisor and capital introduction partner. The new funds will support the launch of an institutional-grade product, GemStone, on RWA blockchain Plume, for tokenizing credit card receivables in the Brazilian market. It is reported that the ownership of receivables is registered with the Central Bank of Brazil’s C3 registry, and collections can be automatically settled through Visa and Mastercard infrastructure.