Plume Network plans to tokenize approximately $1.25 billion in real-world assets by Q4

BlockBeats news, on September 21, RWA L2 network Plume Network said in a statement that the company announced plans to tokenize approximately $1.25 billion worth of real-world assets and provide holders with the opportunity to earn income in the process.

A Plume Network spokesperson said the goal is to tokenize assets including "solar farms, private credit, Medicaid-backed invoices and mineral rights" so that investors can access these assets by the fourth quarter. The person added that Plume Network hopes to "eventually" tokenize $3 billion worth of assets.

Plume Network said that the income assets it intends to tokenize include $500 million worth of private credit fund Credbull, $300 million worth of Plural Energy solar farms, some oil and gas mineral rights, and $120 million worth of Medicaid claims.