Plume Network to Tokenize Approximately $1.25 Billion in Real-World Assets Before Q4
On September 21st, RWA L2 network Plume Network announced plans to tokenize approximately $1.25 billion worth of real-world assets, offering earnings opportunities for holders in the process.
A Plume Network spokesperson stated that the goal is to tokenize assets including "solar farms, private credit, Medicaid-backed invoices, and mineral rights" with the intention of making these assets accessible to investors before the fourth quarter. The spokesperson added that Plume Network hopes to "eventually" tokenize $3 billion worth of assets.
Plume Network outlined that the earning assets they intend to tokenize include the $500 million private credit fund Credbull, the $300 million Plural Energy solar farm, some oil and gas mineral rights, and $120 million worth of Medicaid claims.