MANTRA X Lympid: Now Live on MANTRA Chain

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We are thrilled to announce that Lympid, a full-stack platform for launching, managing, and distributing tokenized investment products backed by real world assets has been successfully deployed on MANTRA Chain. 

Lympid was a member of the April cohort of MANTRA and Google Cloud’s RWAccelerator’s program. Their quick deployment is a testament to their team and a real world example of how quickly a project can scale in MANTRA’s ecosystem. 

To date, key achievements for Lympid team include:

The commitment of over $100 million of RWAs to the platform, with more than $16 million in investment volume processed.

Successfully launching the initial fractionalized and tokenized offer for unique investment assets including but not limited to; Two competition horses, a Porsche GT3 RS, Rolex Daytona, Hermes Kelly II, and Tuscan wines

Onboarding 10,000 users

More on Lympid 

With a focus upon premium investment products including horses, luxury watches, cars, art to t-bills and real estate, Lympid turns exclusive assets into compliant, fractionalized investment experiences available to the masses. Historically, access to investing in premium asset classes - think real estate, competition horses, art, luxury watches, fine wines and more - has been reserved for the ultra-wealthy. These assets usually outperform traditional stocks and bond portfolios with almost no correlation. Because premium investments require substantial capital to acquire, they’re highly illiquid and difficult to bring to market, with only a small, geographically dispersed pool of potential buyers.

In response to this, through fractionalization, tokenization and trading, Lympid is working to give anyone access to these premium RWAs and their returns. Simply put, high-end assets are split into smaller pieces, thereby lowering the barriers to entry. 

With an emphasis on user experience, Lympid has blended the intuitive simplicity of a neobank with blockchain technology. Investors can tap into tokenized premium assets with as little as $30 or up to $1 million. No matter the timezone, Lympid’s 24/7 onchain infrastructure ensures trades settle instantly around the clock. Cumulatively, liquidity is opened for alternative assets, and a completely new investment experience for untapped markets is unlocked.

Lympid’s deployment on MANTRA Chain is now live

You can read more about Lympid here

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