MANTRA Chain Announces Mainnet Launch: Revolutionizing Real-World Asset Tokenization

United Arab Emirates, Dubai, September 18th, 2024, Chainwire

MANTRA, a purpose-built layer 1 blockchain for tokenized real-world assets (RWAs), is set to launch its highly anticipated Mainnet in October 2024. This groundbreaking event signifies a major leap towards integrating traditional finance into the blockchain realm and establishing a new ecosystem for MANTRA’s native token, $OM.

The Power of MANTRA Chain Mainnet

MANTRA Chain is designed to offer a comprehensive suite of tools that can be customized by developers to meet their specific requirements. This not only streamlines the process of bringing real-world assets onto the blockchain but also ensures compliance with regulatory standards.

Key features of the MANTRA Chain Mainnet include:

  • Verifiable network security and stability to minimize counterparty risk
  • A trusted platform for deploying institutional capital onchain
  • A foundation for a globally accessible asset class, unlocking the vast real-world asset economy

“The launch of our Mainnet represents the culmination of extensive efforts to merge traditional and decentralized finance. We are excited to pioneer the convergence of these two worlds,” stated John Patrick Mullin, CEO of MANTRA. “With top-tier stability and reliability for tokens and stablecoins, we believe MANTRA Chain will emerge as the premier global hub for businesses and industries seeking onchain financing and asset tokenization.”

The launch of MANTRA Chain’s Mainnet signifies a significant milestone in the fusion of traditional finance with blockchain technology. It will pave the way for more partnerships in the realm of real-world assets, such as MANTRA’s recent collaboration with UAE real estate giant MAG to tokenize US$500 million of real estate.

Learn More About MANTRA

For further insights into MANTRA, the Mainnet launch, and the company’s vision for the RWA ecosystem, visit mantrachain.io.

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About MANTRA

MANTRA is a purpose-built Layer 1 blockchain tailored for real-world assets, with the capability to adhere to real-world regulatory standards. As a permissionless chain, MANTRA empowers developers and institutions to seamlessly participate in the evolving RWA tokenization landscape by offering advanced technological modules, compliance mechanisms, and cross-chain interoperability.

Connect with MANTRA on Website, Twitter, LinkedIn, and Discord.

Contact Marketing Lead Christoph Lidman at press@mantrachain.io for more information.

Original article published on Chainwire

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