MANTRA Brings Real-World Assets Onchain with Mainnet Launch
September 18, 2024
We’re thrilled to announce that the highly anticipated launch of the MANTRA Chain Mainnet will be coming in October 2024. As pioneers in the real-world asset (RWA) tokenization sector, this milestone marks a significant step towards bringing traditional finance (TradFi) onchain and provides a new home for MANTRA's native token, $OM.
MANTRA Mainnet Features
MANTRA is a purpose-built Layer 1 blockchain offering a comprehensive and customizable suite of tools for developers and institutions to seamlessly tokenize real-world assets. The MANTRA Chain Mainnet will offer several key features, including:
Enhanced network resilience and stability: MANTRA’s robust security measures mitigate counterparty risk and ensure a secure and reliable network for users and investors.
Institutional-grade Platform: MANTRA’s commitment to strict regulatory compliance provides a trusted environment for institutional investors to deploy capital onchain and efficiently handle large-scale real-world asset transactions.
Global Access to Tokenized Assets: MANTRA enables diverse classes of investors to access traditionally illiquid assets, unlocking the multi-trillion dollar real-world asset economy and expanding the global reach of real-world asset tokenization.
Bridging TradFi and DeFi
CEO & Co-Founder John Patrick Mullin commented on the launch, stating, "The launch of our Mainnet marks the culmination of years of work to bring finance onchain. We are thrilled to be at the forefront of bridging the gap between traditional and decentralized finance. By providing on-ramps for tokens and stablecoins with world class stability and reliability, we believe MANTRA Chain will be the leading global destination for businesses and industries to access onchain financing and asset tokenization."
We will bring more RWA partnerships to the forefront, adding to recent announcements like MANTRA’s partnership with UAE real estate giant MAG to tokenize US$500 million of real estate.
The launch of the MANTRA Chain Mainnet represents a pivotal moment in the evolution of RWA tokenization. We want to thank our Sherpas for their unwavering support on this transformative journey to pave the way for a more inclusive and compliant future for tokenized assets.
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