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Layer-1 blockchain MANTRA to tokenize 1 billion USD in real-world assets for DAMAC Group in UAE

MANTRA Chain has partnered with the DAMAC Group to tokenize 1 billion USD in real-world assets across the Middle East. This partnership is regarded as a solid support for innovations within the RWA sector. With a focus on security, transparency, and convenience, the deal aims to widen investment avenues using blockchain technology.

Following the MANTRA Mainnet launch in October 2024, the OM token saw a 200% increase in market capitalization to 3.6 billion USD. This growth reflects strong interest in the RWA space, where the market is projected to reach 16 trillion USD by 2030. The project marks a significant advance in tokenized assets.

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