what's BlackOpal?
BlackOpal is a tokenization platform specializing in real-world assets (RWAs), particularly short-duration credit card receivables from Brazilian merchants. It enables instant cash settlements for merchants by tokenizing billed and processed receivables, providing verifiable cashflows with hedged FX exposure and continuous liquidity through global payment networks. Built on Plume Network, BlackOpal's GemStone solution and nOPAL token integrate with protocols like Nest Credit, allowing onchain trading and yield generation from emerging market credit while engineering out traditional risks. Backed by significant capital commitments, it powers PayFi applications with compliance and EVM composability.
BlackOpal secured $200M in funding, a recent major development for the project.
Raised $200M in funding during the week ending January 12, 2026.
Launched GemStone product on Plume Network to tokenize Brazilian credit card receivables acquired via true sale at a discount, with tokens redeemed at par after Visa or Mastercard settlement.