United Arab Emirates, Dubai, September 18th, 2024, Chainwire
MANTRA, a purpose-built layer 1 blockchain for tokenized real-world property (RWAs), has introduced it is going to launch its extremely anticipated Mainnet in October 2024. This milestone occasion marks a major step in bringing conventional finance onchain and supplies a brand new dwelling for MANTRA’s native token, $OM.
MANTRA Chain will present a complete and customizable suite of instruments, permitting builders to tailor options primarily based on their particular wants. This suite not solely simplifies the method of bringing real-world property onchain, but additionally ensures the options stay compliant with regulatory necessities.
As a part of MANTRA’s imaginative and prescient to grow to be the popular ledger of document for real-world property, the MANTRA Chain Mainnet will embrace key options reminiscent of:
- Verifiable community safety and stability, mitigating counterparty danger
- A trusted platform to deploy institutional capital onchain
- A basis for a globally accessible asset class, unlocking the multi-trillion greenback real-world asset economic system
“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,” said John Patrick Mullin, CEO of MANTRA. “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.”
MANTRA Chain’s launch represents a major milestone in integrating conventional finance with blockchain expertise. MANTRA Chain will deliver extra RWA partnerships to the forefront, including to latest bulletins like MANTRA’s partnership with UAE real estate giant MAG to tokenize US$500 million of actual property.
Go to the website for extra details about MANTRA, the primary internet launch, and the corporate’s ambitions for the RWA ecosystem.
About MANTRA
MANTRA is a purpose-built Layer 1 blockchain for real-world property able to adhering to real-world regulatory necessities. As a permissionless chain, MANTRA empowers builders and establishments to seamlessly take part within the evolving RWA tokenization area by providing superior tech modules, compliance mechanisms, and cross-chain interoperability.
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Press Contact
Advertising Lead
Christoph Lidman
press@mantrachain.io
