Plume Network and Mercado Bitcoin collaborate to convert $40 million of RWAs into tokens
In a significant move aimed at bridging global capital and emerging market investments, Plume Network has partnered with Mercado Bitcoin to bring tokenized real-world assets worth $40 million to the Latin America-based trading platform. This partnership was announced following Plume Network's recent fundraisings, which attracted participation from Brevan Howard Digital, Galaxy Ventures, and Haun Ventures.
Mercado Bitcoin, with its 4 million users, wants to leverage Brazil's huge population and rapid adoption of digital assets to accelerate growth. The collaboration seeks to provide small and medium-sized businesses in Brazil with a direct path to funding through tokenization, democratizing access to these opportunities.
The partnership empowers local and global investors with access to innovative financial instruments that were once out of reach. Through Plume Network's Layer 1 blockchain infrastructure, Mercado Bitcoin will tokenize asset-backed securities, consumer credit, corporate debt, and accounts receivable, enabling the trading of tokenized Brazilian assets to customers around the world.
This collaboration contributes to the growth of global capital and emerging market investments by increasing liquidity and accessibility of traditionally illiquid assets through tokenization. It fosters cross-border investment flows, allowing investors worldwide to participate in Brazil’s asset markets on a blockchain platform. Plume's infrastructure underpins this by supporting secure, compliant tokenization and trading of real-world assets, advancing the integration of emerging market assets into the global digital financial ecosystem.
The tokenisation of asset-backed securities, consumer credit, corporate debt, and accounts receivable is now possible on Mercado Bitcoin due to the partnership with Plume Network. According to a report by 21.co, the tokenisation of real-world assets is projected to reach a total market value of $10 trillion by 2030. This partnership, therefore, plays a strategic role in expanding the global capital pool available to emerging markets, helping unlock real asset performance on-chain and attracting institutional and retail investors internationally.
The statement was made by Fabrico Tota, Mercado Bitcoin's New Business Development SVP. Plume Network secured $30 million across two rounds: a $10 million seed and a $20 million Series A. The partnership was announced in a statement on Wednesday.
[1]: Plume Network Partners with Mercado Bitcoin to Tokenize $40 Million in Brazilian Assets [2]: Plume Network and Mercado Bitcoin to Democratize Access to Brazilian Assets through Blockchain Technology [3]: Plume Network and Mercado Bitcoin Announce Strategic Partnership to Expand Global Capital Pool for Emerging Markets [4]: Plume Network's Infrastructure to Power Mercado Bitcoin's Tokenized Real-World Assets Offering
- Through Plume Network's strategic partnership with Mercado Bitcoin, small and medium-sized businesses in Brazil will have a direct path to funding via tokenization, democratizing access to financial opportunities.
- The collaboration between Plume Network and Mercado Bitcoin will enable global investors to access innovative financial instruments, such as tokenized asset-backed securities, consumer credit, corporate debt, and accounts receivable from Brazil through web3 technology.
