For episode 654 of the BlockHash Podcast, host Brandon Zemp is joined by Jason Dehni of BlackOpal.
BlackOpal is an on-chain asset management and payments platform bridging investment-grade yield with emerging market receivables. The problem they’re solving is twofold: High-quality merchants in emerging markets pay above-market premiums for working capital, not because they're risky, but because legacy banking is expensive, slow, and opaque.
Meanwhile, institutional capital in developed markets is starved for low-risk emerging market yield.BlackOpal specializes in credit card receivables, underwriting based on historical and real time transactions, and acquiring them via short-duration True Sale structures. Credit risk is further minimized through repayment by AA+ counterparties like Visa and Mastercard, resulting in near zero credit default. Currency risk is hedged via Non-Deliverable Forwards (NDFs).
⏳ Timestamps:
(0:00) Introduction
(0:51) Who is Jason Dehni?
(3:03) What is Black Opal?
(6:15) Gemstone vs. LiquidStone II
(8:27) User protection & transparency
(10:43) What makes Black Opal unique?
(13:15) Where are Black Opal’s products available?
(15:04) Future opportunities in the Digital Asset market
(19:35) Tokenization in the near future
(23:50) Black Opal roadmap 2026
(25:49) Events & conferences
(27:08) Black Opal website & socials
🎙 BlackOpal Links:
🔗 Website: https://www.blackopal.finance/
🔗 X: https://x.com/blackopal_fi
🔗 LinkedIn: https://www.linkedin.com/company/blackopalprivatecredit/
🔗 LinkedIn: https://www.linkedin.com/in/jasondehni/
📢 Disclaimer:
None of our content constitutes, nor is intended to act as financial advice. It’s important to always do your own research and due diligence before making any investment decision. Digital Assets and Cryptocurrencies are highly volatile and carry a considerable amount of risk.