diff --git a/x/metadata/client/cli/tx.go b/x/metadata/client/cli/tx.go
index e8a0d29d76..18df359078 100644
--- a/x/metadata/client/cli/tx.go
+++ b/x/metadata/client/cli/tx.go
@@ -23,6 +23,8 @@ const (
 	FlagRequirePartyRollup = "require-party-rollup"
 	AddSwitch              = "add"
 	RemoveSwitch           = "remove"
+	FlagUsdMils            = "usd-mils"
+	FlagVolume             = "volume"
 )
 
 // NewTxCmd is the top-level command for Metadata CLI transactions.
@@ -134,7 +136,21 @@ func WriteScopeCmd() *cobra.Command {
 				requirePartyRollup,
 			)
 
-			msg := types.NewMsgWriteScopeRequest(scope, signers)
+			usdMils, err := cmd.Flags().GetUint64(FlagUsdMils)
+			if err != nil {
+				return fmt.Errorf("incorrect value for %s flag.  Accepted: 0 or greater value Error: %w", FlagUsdMils, err)
+			}
+
+			volume, err := cmd.Flags().GetUint64(FlagVolume)
+			if err != nil {
+				return fmt.Errorf("incorrect value for %s flag.  Accepted: 0 or greater value Error: %w", FlagVolume, err)
+			}
+
+			if usdMils > 0 && volume == 0 {
+				return fmt.Errorf("incorrect value for %s flag.  Must be positive number if %s flag has been set to positive value", FlagVolume, FlagUsdMils)
+			}
+
+			msg := types.NewMsgWriteScopeRequest(scope, signers, usdMils, volume)
 			err = msg.ValidateBasic()
 			if err != nil {
 				return err
@@ -147,7 +163,8 @@ func WriteScopeCmd() *cobra.Command {
 	cmd.Flags().Bool(FlagRequirePartyRollup, false, "Indicates party rollup is required in this scope")
 	addSignersFlagToCmd(cmd)
 	flags.AddTxFlagsToCmd(cmd)
-
+	cmd.Flags().Uint64(FlagUsdMils, 0, "Indicates the net asset value of scope in usd mils, i.e. 1234 = $1.234")
+	cmd.Flags().Uint64(FlagVolume, 0, "Indicates the volume of the net asset value")
 	return cmd
 }
 
diff --git a/x/metadata/handler_test.go b/x/metadata/handler_test.go
index 48efab6d21..53a84d3dfd 100644
--- a/x/metadata/handler_test.go
+++ b/x/metadata/handler_test.go
@@ -117,7 +117,7 @@ func (s *MetadataHandlerTestSuite) TestAddAndDeleteScopeDataAccess() {
 		},
 		{
 			"setup test with new scope",
-			types.NewMsgWriteScopeRequest(*scope, []string{s.user1}),
+			types.NewMsgWriteScopeRequest(*scope, []string{s.user1}, 0, 0),
 			[]string{s.user1},
 			"",
 		},
@@ -277,7 +277,7 @@ func (s *MetadataHandlerTestSuite) TestAddAndDeleteScopeOwners() {
 		},
 		{
 			"setup test with new scope",
-			types.NewMsgWriteScopeRequest(*scope, []string{s.user1}),
+			types.NewMsgWriteScopeRequest(*scope, []string{s.user1}, 0, 0),
 			[]string{s.user1},
 			"",
 		},
diff --git a/x/metadata/types/msg.go b/x/metadata/types/msg.go
index 1ffc69e95b..0080ffa833 100644
--- a/x/metadata/types/msg.go
+++ b/x/metadata/types/msg.go
@@ -102,10 +102,12 @@ func stringsToAccAddresses(strings []string) []sdk.AccAddress {
 // ------------------  MsgWriteScopeRequest  ------------------
 
 // NewMsgWriteScopeRequest creates a new msg instance
-func NewMsgWriteScopeRequest(scope Scope, signers []string) *MsgWriteScopeRequest {
+func NewMsgWriteScopeRequest(scope Scope, signers []string, usdMils, volume uint64) *MsgWriteScopeRequest {
 	return &MsgWriteScopeRequest{
 		Scope:   scope,
 		Signers: signers,
+		UsdMils: usdMils,
+		Volume:  volume,
 	}
 }
 
diff --git a/x/metadata/types/msg_test.go b/x/metadata/types/msg_test.go
index b9230fb027..3301e68148 100644
--- a/x/metadata/types/msg_test.go
+++ b/x/metadata/types/msg_test.go
@@ -228,7 +228,7 @@ func TestWriteScopeRoute(t *testing.T) {
 		DataAccess:        []string{"data_accessor"},
 		ValueOwnerAddress: "value_owner",
 	}
-	var msg = NewMsgWriteScopeRequest(*scope, []string{})
+	var msg = NewMsgWriteScopeRequest(*scope, []string{}, 0, 0)
 
 	require.Equal(t, sdk.MsgTypeURL(msg), "/provenance.metadata.v1.MsgWriteScopeRequest")
 	expectedYaml := `scope:
@@ -245,6 +245,8 @@ func TestWriteScopeRoute(t *testing.T) {
 signers: []
 scope_uuid: ""
 spec_uuid: ""
+usdmils: 0
+volume: 0
 `
 	bz, err := yaml.Marshal(msg)
 	require.NoError(t, err, "yaml.Marshal(msg)")
@@ -252,7 +254,7 @@ spec_uuid: ""
 
 	bz, err = ModuleCdc.MarshalJSON(msg)
 	require.NoError(t, err, "ModuleCdc.MarshalJSON(msg)")
-	assert.Equal(t, "{\"scope\":{\"scope_id\":\"scope1qzxcpvj6czy5g354dews3nlruxjsahhnsp\",\"specification_id\":\"scopespec1qs30c9axgrw5669ft0kffe6h9gysfe58v3\",\"owners\":[{\"address\":\"data_owner\",\"role\":\"PARTY_TYPE_OWNER\",\"optional\":false}],\"data_access\":[\"data_accessor\"],\"value_owner_address\":\"value_owner\",\"require_party_rollup\":false},\"signers\":[],\"scope_uuid\":\"\",\"spec_uuid\":\"\"}", string(bz))
+	assert.Equal(t, "{\"scope\":{\"scope_id\":\"scope1qzxcpvj6czy5g354dews3nlruxjsahhnsp\",\"specification_id\":\"scopespec1qs30c9axgrw5669ft0kffe6h9gysfe58v3\",\"owners\":[{\"address\":\"data_owner\",\"role\":\"PARTY_TYPE_OWNER\",\"optional\":false}],\"data_access\":[\"data_accessor\"],\"value_owner_address\":\"value_owner\",\"require_party_rollup\":false},\"signers\":[],\"scope_uuid\":\"\",\"spec_uuid\":\"\",\"usd_mils\":\"0\",\"volume\":\"0\"}", string(bz))
 }
 
 func TestWriteScopeValidation(t *testing.T) {
@@ -263,7 +265,7 @@ func TestWriteScopeValidation(t *testing.T) {
 		DataAccess:        []string{"data_accessor"},
 		ValueOwnerAddress: "value_owner",
 	}
-	var msg = NewMsgWriteScopeRequest(*scope, []string{"invalid"})
+	var msg = NewMsgWriteScopeRequest(*scope, []string{"invalid"}, 0, 0)
 	err := msg.ValidateBasic()
 	require.EqualError(t, err, "invalid scope owners: invalid party address [data_owner]: decoding bech32 failed: invalid separator index -1")
 	require.Panics(t, func() { msg.GetSigners() }, "panics due to invalid addresses")
diff --git a/x/metadata/wasm/encode.go b/x/metadata/wasm/encode.go
index b600ffd52d..2d9835e3bb 100644
--- a/x/metadata/wasm/encode.go
+++ b/x/metadata/wasm/encode.go
@@ -23,6 +23,10 @@ type WriteScope struct {
 	Scope Scope `json:"scope"`
 	// The signers' addresses.
 	Signers []string `json:"signers"`
+	// UsdCents used to initialize the net asset value of scope
+	UsdMils uint64 `json:"usd_mils,omitempty"`
+	// Volume for the net asset value of scope
+	Volume uint64 `json:"volume,omitempty"`
 }
 
 // Encoder returns a smart contract message encoder for the metadata module.
@@ -59,7 +63,7 @@ func (params *WriteScope) Encode() ([]sdk.Msg, error) {
 		return nil, err
 	}
 
-	msg := types.NewMsgWriteScopeRequest(*scope, params.Signers)
+	msg := types.NewMsgWriteScopeRequest(*scope, params.Signers, params.UsdMils, params.Volume)
 
 	return []sdk.Msg{msg}, nil
 }