⚡Plume Network says it's tokenizing over $1 billion in real-world assets like solar farms, Medicaid claims and mineral rights.

Plume Network has announced plans to tokenize about $1.25 billion worth of real-world assets, and in the process, offer holders a chance to earn yield, the company said in a statement. 

The goal is to tokenize assets including "solar farms, private credit, Medicaid-backed invoices, [and] mineral rights" in order to make them accessible to investors by the fourth quarter, said a Plume Network spokesperson. 

Plume Network aspires to "eventually" have $3 billion in assets tokenized, the person added. 

"What 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,” said Plume Network co-founder and CEO Chris Yin in a statement. “These assets, traditionally out of reach for most investors."