ChainCatcher reported that according to The Block, the RWA L2 network Plume Network said in a statement that the company announced plans to tokenize real-world assets worth approximately US$1.25 billion and provide holders with opportunities to earn returns in the process.
The goal is to tokenize assets including “solar farms, private credit, Medicaid-backed invoices and mineral rights” so they are accessible to investors by the fourth quarter, a Plume Network spokesperson said. The person added that Plume Network hopes to tokenize $3 billion worth of assets “ultimately.”
Plume Network said the yield assets it intends to tokenize include $500 million of private credit fund Credbull, $300 million of Plural Energy solar farms, some oil and gas mineral rights and $120 million of Medicaid claims.
