So I did this real quick for you just to prove the concept.
http://forum-57192.webflow.io
It’s not text objects but the principle is the same. I just added a div and inserted a background video. Added a background color that fades away on hover.
Here’s the preview:
https://preview.webflow.com/preview/forum-57192?preview=55a125c53fe6493e28ae858234dd944e