nOPAL Vaults Surpass $100M AUM Through Tokenized Credit Card Receivables
The Nest BlackOpal LiquidStone II Vault (nOPAL) has surpassed $100 million in assets under management across multiple blockchains. This milestone was reached through tokenizing Brazilian credit card receivables for DeFi investors, offering yields between 8% and 12% APY with zero defaults reported so far.
The vault's success is attributed to its structured legal framework protecting investors and its multi-chain presence on Plume, Ethereum, Solana, BNB Chain, and Avalanche. Recent integrations such as a lending market on Solana and listing on Bybit's RWA Earn platform have improved liquidity and user access.
Risks associated with nOPAL include currency hedging costs, regulatory changes, and multi-chain smart contract vulnerabilities.