RWA L2 network Plume Network announced plans to tokenize about $1.25 billion worth of real-world assets and provide holders with the opportunity to earn a yield in the process, the company said in a statement. A Plume Network spokesperson said the goal is to tokenize assets including "solar farms, private credit, Medicaid-backed invoices, and mineral rights" so that investors can access them by the fourth quarter. The person added that Plume Network hopes to "ultimately" tokenize $3 billion worth of assets.

Plume Network said the yield assets it intends to tokenize include $500 million private credit fund Credbull, $300 million worth of Plural Energy solar farms, some oil and gas mineral rights and $120 million worth of Medicaid claims. (The Block) #Binance