MANTRA Chain Drops $108.8M Bomb on Real-World Assets!

Hang onto your hats, folks! Real-world assets (RWAs) are the new frontier in blockchain, and MANTRA Chain is charging full steam ahead to claim its stake!

On Monday, April 7, MANTRA Chain unleashed a colossal $108.8 million ecosystem fund to turbocharge the RWA industry. This isn't just pocket change; it's a four-year global investment spree aimed at startups from seedlings to full-blown giants!

MANTRA's not playing around. They're tapping into a powerhouse network of investment partners and incubators to scout the cream of the crop. We're talking big names like Brevan Howard Digital, Amber Group, Laser Digital, Shorooq, Valor Capital, and more, according to MANTRA's fearless leader, John Patrick Mullin.

“By aligning with top investors and incubators, we're throwing open the doors for visionary founders and teams to join us in building a thriving ecosystem and dragging more of the world onto the blockchain,” Mullin declared with fire in his eyes.

The fund's main gig? Boosting the MANTRA ecosystem, which is crafting a slick platform for RWAs that's all about playing by the rules. But hey, they're not gatekeepers; other projects in the RWA space will get a shot at the cash too.

“We're all about playing a non-zero-sum game, where collaboration and open arms are the name of the game. It's what's best for our community and the industry,” said Gideon Daitz, partner at Three Point Capital, with a nod to the future.

MANTRA Snags Dubai VASP Licence

But wait, there's more! Just before dropping this fund bomb, MANTRA snagged a Virtual Asset Service Provider (VASP) license in Dubai on February 19. Dubai isn't just another market for MANTRA; it's their playground. They've kicked off projects left and right, including a jaw-dropping $1 billion tokenized financing deal with Dubai's DAMAC Group for their real-estate ventures.

Asset tokenization? It's the crypto world's golden child, making investments as easy as pie and growing faster than a rocket. We're talking a $50 billion market cap by 2025, and McKinsey's throwing out numbers like $2 trillion by 2030 for the total RWA market. Buckle up, because the RWA revolution is just getting started!