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Mantra (OM) price pumps 50% after 1 billion USD tokenization deal

The price of MANTRA (OM) surged over 50% within a week, reaching an all-time high of 5.87 USD on January 31. This increase is linked to a collaboration with DAMAC Group for token-based financing in real estate assets.

DAMAC Group will initiate asset tokenization on the MANTRA Chain in 2025, enhancing investor transparency and security. Experts anticipate the real estate sector could lead the tokenized assets market by 2030, currently valued at approximately 39.9 billion USD.

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