Plume Network plans to tokenize approximately $1.25 billion of real-world assets before Q4

ChainCatcher news, according to The Block, the RWA L2 network Plume Network stated in a declaration that the company plans to tokenize approximately $1.25 billion worth of real-world assets and provide holders with opportunities to earn returns in the process.

A spokesperson for Plume Network stated that the goal is to tokenize assets including "solar farms, private credit, medical reimbursement-supported invoices, and mineral rights" so that investors can access these assets before the fourth quarter. The individual added that Plume Network hopes to "ultimately" tokenize assets worth $3 billion.

Plume Network indicated that the income-generating assets it intends to tokenize include a $500 million private credit fund Credbull, a $300 million Plural Energy solar power plant, some oil and gas mineral rights, and $120 million in medical reimbursement claims.