Plume Network Plans To Tokenize $1.25 Billion In Real-World Assets

According to BlockBeats, on September 21, Plume Network announced its intention to tokenize approximately $1.25 billion worth of real-world assets, offering holders the opportunity to earn returns in the process. A spokesperson for Plume Network stated that the goal is to tokenize assets including solar farms, private credit, Medicaid-supported invoices, and mineral rights, enabling investors to access these assets by the fourth quarter. The spokesperson added that Plume Network aims to eventually tokenize assets worth $3 billion. Plume Network revealed that the assets intended for tokenization include a $500 million private credit fund named Credbull, a $300 million solar power farm by Plural Energy, various oil and gas mineral rights, and $120 million in Medicaid claims.