Payment platform BlackOpal has launched GemStone, an initiative that allows international investors to access a highly competitive Brazilian credit card debt yield. According to Jason Dehni, CEO of BlackOpal, this project uses the Plume Network to digitize real-world assets. The official source confirmed that the proposal seeks to solve the lack of immediate liquidity affecting thousands of merchants in the Brazilian market today.
In Brazil, it is common for consumers to pay for their purchases in up to twelve monthly installments, delaying the sellers’ income. GemStone buys these receivables at a discount to provide instant cash to local merchants currently. In this way, business owners receive immediate liquidity without having to wait months to complete the collection cycle of their sales. Additionally, this system has the legal backing of the Central Bank of Brazil’s C3 Registry to guarantee ownership.
Likewise, the operation is structured as a “true sale,” where all rights and risks are transferred to the buyer. Investors purchase tokens at a significant discount and obtain their profit when processors like Visa or Mastercard settle the debt. Therefore, the business model minimizes credit risk by relying directly on the payment rails of global card franchises. Also, the financial structure includes currency hedges to protect users from the volatility of the Brazilian real.
How does tokenization transform access to private credit in emerging markets?
On the other hand, the initiative has financial backing of 200 million dollars from Mars Capital Advisors. This Swiss firm bets on working capital solutions that connect traditional finance with current cryptocurrencies technology. The massive investment will drive the adoption of digital assets backed by real debt throughout the Latin American region this year. Therefore, Brazil consolidates itself as an innovation hub for the tokenization of complex and high-volume financial assets.
Likewise, the offered yield of 13% annually far exceeds the 4.2% of United States Treasury bonds. This difference represents an attractive opportunity for large institutional capital looking to diversify their portfolios with emerging market assets. Digital assets democratize access to yields that were previously reserved only for large banking entities or hedge funds. On the other hand, the security of the system comes from the institutional backing of the international payment processors involved.
Finally, the launch of GemStone marks a milestone in the evolution of on-chain private credit within the global cryptographic ecosystem. This model is expected to be replicated in other markets where working capital financing remains a barrier. The future of investment in tokenized debt looks promising thanks to the transparency and efficiency provided by modern decentralized networks. However, success will depend on regulatory stability and investor confidence in these new digital financial instruments.
