According to a statement, RWA firm Plume Network and Mercado Bitcoin have partnered on a plan to tokenize $40 million worth of "asset-backed securities, consumer credit, corporate debt and receivables" in Brazil.
Mercado Bitcoin plans to leverage the Plume Network's infrastructure and Layer 1 blockchain to enable cryptocurrency exchanges to offer global clients the opportunity to invest in Brazilian tokenized assets.
Plume Network has been actively growing its real-world portfolio since raising $10 million in a seed round led by Haun Ventures last year, and the company subsequently completed a $20 million Series A round that included participation from Brevan Howard Digital, Galaxy Ventures, and Haun Ventures.
Plume Network and Mercado Bitcoin to Tokenize $40 million Worth of RWA
2025-02-12 22:56:24
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