Plume Network to Tokenize About $1.25 Billion in Real-World Assets by Q4

On September 21, RWA L2 network Plume Network said in a statement that it announced plans to tokenize approximately $1.25 billion worth of real-world assets and offer holders the opportunity to earn revenue in the process.

The goal is to tokenize assets including “solar farms, private credit, Medicaid-backed invoices and mineral rights” to make them accessible to investors by the fourth quarter, a Plume Network spokesperson said. Plume Network hopes to eventually tokenize $3 billion worth of assets, the person added.

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