- MANTRA Chain offers the compliant tokenization of real-world assets (RWAs).
- The $OM token will be the native currency of the forthcoming MANTRA Chain Mainnet
MANTRA, a Layer 1 blockchain built particularly for tokenizing real-world assets (RWAs), has announced the launch of its Mainnet in October 2024. This big milestone brings MANTRA closer to its goal of bringing traditional banking on-chain while also creating a strong foundation for the company’s native token, $OM.
The MANTRA Chain provides an extensive set of tools that simplify the process of on-chain RWA tokenization while guaranteeing regulatory compliance. This flexible platform enables developers to construct solutions that are suited to specific requirements, integrating traditional banking into the blockchain world.
A Gateway for Real-World Asset Tokenization
The MANTRA Chain Mainnet launch delivers a verified network with strong security and stability to reduce counterparty risk. It will provide a secure on-chain platform for institutional capital deployment, allowing the multi-trillion-dollar real-world asset economy to reach its full potential. MANTRA envisions itself as the primary ledger for RWAs, providing access to a global asset class via blockchain technology.
According to MANTRA CEO and Co-Founder John Patrick Mullin, this launch is significant since the Mainnet symbolizes years of work to bring banking onto the blockchain.And said that they are pleased to be at the forefront of combining traditional and decentralized finance. MANTRA Chain is striving to become the premier destination for worldwide on-chain financing and asset tokenization.
With the future Mainnet, MANTRA expects to promote more RWA alliances, building on major collaborations such as its recent partnership with UAE real estate giant MAG to tokenize $500 million in real estate. The Mainnet launch is a turning point in the merging of traditional finance with blockchain technology.
These strategic relationships and advancements have resulted in a huge increase in MANTRA’s native token, OM. The token’s value has risen, accompanied by greater activity in wallets and staking, as anticipation grows for the forthcoming mainnet debut and its potential to change RWA investment prospects.
The introduction of the MANTRA Chain Mainnet marks an important turn point in real-world asset tokenization, allowing developers, institutions, and investors to participate in this growing sector.
