{"id":172032,"date":"2024-09-23T12:39:14","date_gmt":"2024-09-23T12:39:14","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=172032"},"modified":"2024-09-23T12:39:18","modified_gmt":"2024-09-23T12:39:18","slug":"plume-network-prepares-to-tokenize-1-25-billion-in-real-world-assets-including-solar-farms-and-medicaid-credits","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/plume-network-prepares-to-tokenize-1-25-billion-in-real-world-assets-including-solar-farms-and-medicaid-credits\/","title":{"rendered":"Plume Network Prepares to Tokenize $1.25 Billion in Real-World Assets\u2014Including Solar Farms and Medicaid Credits"},"content":{"rendered":"<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">TL;DR<\/span><\/p>\n<ul style=\"text-align: justify\">\n<li><strong><span data-preserver-spaces=\"true\">Tokenization of $1.25 Billion in Assets<\/span><\/strong><span data-preserver-spaces=\"true\">: Plume Network plans to tokenize $1.25 billion in real-world assets, including private credit, solar farms, and Medicaid-backed invoices, by Q4 2024.<\/span><\/li>\n<li><strong><span data-preserver-spaces=\"true\">Diverse Investment Opportunities<\/span><\/strong><span data-preserver-spaces=\"true\">: The assets include $500 million from Credbull fund, $300 million in solar farms, and $120 million in Medicaid invoices, offering liquidity and potential high yields.<\/span><\/li>\n<li><strong><span data-preserver-spaces=\"true\">Future Expansion<\/span><\/strong><span data-preserver-spaces=\"true\"><span data-preserver-spaces=\"true\">: Plume Network aims to tokenize up to $3 billion in assets, setting a precedent in the blockchain industry for inclusive and liquid financial markets.<\/span><\/span><br \/>\n<hr \/>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify\"><strong><a class=\"editor-rtfLink\" href=\"https:\/\/www.plumenetwork.xyz\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Plume Network<\/span><\/a><span data-preserver-spaces=\"true\">,<\/span><\/strong><span data-preserver-spaces=\"true\"> a pioneering <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/crypto-economy.com\/blockchain-technology\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">blockchain <\/span><\/a><span data-preserver-spaces=\"true\">platform, <\/span><strong><span data-preserver-spaces=\"true\">has announced its ambitious plan to tokenize approximately $1.25 billion <\/span><span data-preserver-spaces=\"true\">worth<\/span><span data-preserver-spaces=\"true\"> of real-world assets<\/span><\/strong><span data-preserver-spaces=\"true\"> (RWAs) by the fourth quarter of 2024. This move aims to democratize access to high-yield, privately held assets, making them available to a broader range of investors.<\/span><!--more--><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The journey to $3B starts now.<\/p>\n<p>We&#39;re set to tokenize $1.25B+ in real world assets like solar farms, Medicaid claims, and mineral rights by Q4!<\/p>\n<p>You can earn yield on high-value, traditionally inaccessible assets.<a href=\"https:\/\/t.co\/frXrKkbnZp\" target=\"_blank\">https:\/\/t.co\/frXrKkbnZp<\/a><\/p>\n<p>&mdash; Plume Network \u2708\ufe0f Token2049 \ud83c\uddf8\ud83c\uddec (@plumenetwork) <a href=\"https:\/\/twitter.com\/plumenetwork\/status\/1837628925738209431?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">September 21, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2 style=\"text-align: left\"><span data-preserver-spaces=\"true\">Diverse Asset Portfolio<\/span><\/h2>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">The assets slated for tokenization include a diverse array of <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/crypto-economy.com\/investing-in-cryptocurrencies\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">investments<\/span><\/a><span data-preserver-spaces=\"true\">. Among them are <\/span><strong><span data-preserver-spaces=\"true\">$500 million worth of private credit from the Credbull fund<\/span><\/strong><span data-preserver-spaces=\"true\">, <\/span><strong><span data-preserver-spaces=\"true\">$300 million in solar farms <\/span><\/strong><span data-preserver-spaces=\"true\">operated by Plural Energy, and <\/span><strong><span data-preserver-spaces=\"true\">$120 million in Medicaid-backed invoices<\/span><\/strong><span data-preserver-spaces=\"true\">. <\/span><\/p>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">Additionally, <\/span><strong><span data-preserver-spaces=\"true\">the network will tokenize various oil and gas mineral rights<\/span><\/strong><span data-preserver-spaces=\"true\">, further expanding the investment opportunities available to token holders. <\/span><strong><span data-preserver-spaces=\"true\">Tokenization of these assets offers several advantages<\/span><\/strong><span data-preserver-spaces=\"true\">. For one, it provides liquidity to traditionally illiquid assets, making it easier for investors to buy and sell their holdings. <\/span><\/p>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">This is particularly beneficial for assets like Medicaid claims, which can face liquidity challenges in the healthcare sector. Moreover, token holders will have the opportunity to earn yields on their investments, potentially driving higher returns.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-172033\" src=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/09\/PlumeNetwork.jpg\" alt=\"Plume Network Prepares to Tokenize $1.25 Billion in Real-World Assets\u2014Including Solar Farms and Medicaid Credits\" width=\"825\" height=\"300\" srcset=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/09\/PlumeNetwork.jpg 825w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/09\/PlumeNetwork-300x109.jpg 300w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/09\/PlumeNetwork-768x279.jpg 768w\" sizes=\"(max-width: 825px) 100vw, 825px\" \/><\/p>\n<h2 style=\"text-align: left\"><span data-preserver-spaces=\"true\">Industry Impact<\/span><\/h2>\n<p style=\"text-align: justify\"><strong><span data-preserver-spaces=\"true\">Plume Network\u2019s initiative is part of a broader trend in the blockchain industry<\/span><\/strong><span data-preserver-spaces=\"true\"> to bring real-world assets on-chain. By doing so, the network aims to create a more inclusive financial ecosystem. <\/span><\/p>\n<blockquote>\n<p style=\"text-align: center\"><span data-preserver-spaces=\"true\">\u201cWhat makes Plume stand out is its proprietary access to high-yield, privately held assets, such as private credit, Medicaid receivables, and renewable energy, that are being tokenized exclusively on our platform,\u201d said Chris Yin, co-founder and CEO of Plume Network.<\/span><\/p>\n<\/blockquote>\n<h2 style=\"text-align: left\"><span data-preserver-spaces=\"true\">Plume Network&#8217;s Future Prospects<\/span><\/h2>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">Looking ahead, Plume Network has even more ambitious plans. <\/span><strong><span data-preserver-spaces=\"true\">The company aims to eventually tokenize up to $3 billion in assets<\/span><\/strong><span data-preserver-spaces=\"true\">, further solidifying its position as a leader in the tokenization space. This initiative not only opens up new investment avenues but also sets a precedent for other blockchain platforms to follow.<\/span><\/p>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">Plume Network\u2019s move to tokenize $1.25 billion in real-world assets marks a significant milestone in the blockchain industry. By making high-yield, privately held assets accessible to a wider audience, the network is paving the way for a more inclusive and liquid financial market.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Tokenization of $1.25 Billion in Assets: Plume Network plans to tokenize $1.25 billion in real-world assets, including private credit, solar farms, and Medicaid-backed invoices, by Q4 2024. Diverse Investment Opportunities: The assets include $500 million from Credbull fund, $300 million in solar farms, and $120 million in Medicaid invoices, offering liquidity and potential high &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Plume Network Prepares to Tokenize $1.25 Billion in Real-World Assets\u2014Including Solar Farms and Medicaid Credits\" class=\"read-more button\" href=\"https:\/\/crypto-economy.com\/plume-network-prepares-to-tokenize-1-25-billion-in-real-world-assets-including-solar-farms-and-medicaid-credits\/#more-172032\" aria-label=\"More on Plume Network Prepares to Tokenize $1.25 Billion in Real-World Assets\u2014Including Solar Farms and Medicaid Credits\">Read more<\/a><\/p>\n","protected":false},"author":32,"featured_media":172034,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[102,84,74,9917],"tags":[4620,5536,4727,9886],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/172032"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=172032"}],"version-history":[{"count":1,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/172032\/revisions"}],"predecessor-version":[{"id":172036,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/172032\/revisions\/172036"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/172034"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=172032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=172032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=172032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}