
Plume and Mercado Bitcoin Partner to Tokenize $40M in Real-World Assets in Brazil
Key Notes
Key Notes:
Mercado Bitcoin will tokenize $40M in assets on Plume’s blockchain for broader investment access.Tokenized assets include securities, consumer credit, corporate debt, and accounts receivable.Plume and Mercado Bitcoin aim to connect global investors with yield-generating opportunities in Latin America’s largest economy.
Plume Network is leading the expansion of Real-World Asset Finance (RWAfi) into Latin America through a new partnership with Mercado Bitcoin, one of the region’s largest digital asset investment platforms. As part of their first blockchain and RWA initiative, Mercado Bitcoin will tokenize $40 million in assets on Plume’s blockchain, unlocking new yield opportunities in Brazil.
In a post shared on X, Mercado Bitcoin will use Plume’s blockchain infrastructure to tokenize a variety of real-world assets. These include asset-backed securities, consumer credit, corporate debt, and accounts receivable. These tokenized assets will be available for investment on NestCredit from the first day of Plume’s mainnet launch, providing broader access to stable, on-chain returns.
Boas notícias, amigos! 👋
Plume is spearheading RWAfi’s entry into LATAM with @MercadoBitcoin. In their first blockchain and RWA initiative, Mercado Bitcoin will tokenize $40M in assets on Plume, unlocking direct access to yield opportunities in Brazil. pic.twitter.com/QXkb1g0GdD
— Plume Network – RWAfi L1 (@plumenetwork) February 12, 2025
Plume aims to provide real yield opportunities to millions of Brazilians, offering on-chain stable returns that were previously inaccessible. The initiative will provide new funding opportunities to small and medium enterprises (SMEs) in the country while allowing global investors to access diversified assets through a regulated, established exchange. Mercado Bitcoin’s New Business Development SVP, Fabrício Tota, stated:
“On one hand, we’re providing small and medium-sized businesses … with a direct path to funding through tokenization. On the other hand, we’re empowering local and global investors with access to innovative financial instruments that were once out of reach.”
With Mercado Bitcoin serving 4 million users, Brazil’s sizable population, robust economy, and increasing use of digital payments make it a promising market for digital asset expansion. Plume stated that it is working with Mercado Bitcoin to foster lasting economic growth in Brazil and beyond while making it easier for investors to engage with the country’s economy.
“RWAfi is delivering on crypto’s core promise – true financial democratization. Together, Plume and Mercado Bitcoin are driving sustainable economic growth in Brazil and beyond, creating seamless global access to one of the world’s most dynamic economies,” Plume Network noted.
Since securing $10 million in seed funding from Haun Ventures last year, Plume Network has continued expanding its real-world asset offerings. The company subsequently raised $20 million in a Series A round with backing from Brevan Howard Digital, Galaxy Ventures, and Haun Ventures.
It formed a partnership with Ondo Finance, which plans to broaden RWAfi’s applications by launching its tokenized US Treasuries products directly on the Plume Network, including USDY, a yield-generating coin backed by US Treasuries.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Temitope is a writer with more than four years of experience writing across various niches. He has a special interest in the fintech and blockchain spaces and enjoy writing articles in those areas. He holds bachelor’s and master’s degrees in linguistics. When not writing, he trades forex and plays video games.
Temitope Olatunji on X
Marco T. Lanz on X
Share this content: