According to BlockBeats, on September 21, the RWA L2 network Plume Network announced plans to tokenize real-world assets worth approximately US$1.25 billion and provide holders with the opportunity to earn returns.

The goal is to tokenize assets including solar farms, private credit, Medicaid-backed invoices and mineral rights so they are accessible to investors by the fourth quarter, a Plume Network spokesperson said.

Plume Network hopes to eventually tokenize $3 billion worth of assets, including $500 million of private credit fund Credbull, $300 million of Plural Energy solar farms, some oil and gas mineral rights, and $120 million of Medicaid claims.