United Arab Emirates, Dubai, September 18, 2024, Chainwire
MANTRA, a Layer 1 blockchain designed specifically for tokenized real-world assets (RWA), has announced that it will launch its highly-anticipated mainnet in October 2024. This landmark event marks a significant step in bringing traditional finance to the blockchain and provides a new home for MANTRA’s native token, $OM.
MANTRA Chain will offer a comprehensive and customizable set of tools that will allow developers to tailor solutions based on their specific needs. This set not only simplifies the process of onboarding real-world assets onto the chain, but also ensures that solutions meet regulatory requirements.
As part of MANTRA’s vision to become the preferred ledger for real-world assets, the MANTRA Chain mainnet will include key features such as:
- Verifiable network security and stability, mitigating counterparty risk
- A reliable platform for deploying institutional capital on-chain
- A foundation for a globally accessible asset class, unlocking the real-world multi-trillion-dollar asset economy
“The launch of our mainnet marks the culmination of years of work to bring finance to the blockchain. 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 premier global destination for businesses and industries to access on-chain finance and asset tokenization.”
The launch of MANTRA Chain represents a major milestone in the integration of traditional finance with blockchain technology. MANTRA Chain will bring more RWA partnerships to the fore, adding to recent announcements such as MANTRA’s partnership with UAE real estate giant MAG to tokenize $500 million worth of real estate.
To learn more about MANTRA, the mainnet launch, and the company’s ambitions for the RWA ecosystem, please visit mantrachain.io.
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About MANTRA:
MANTRA is a layer-1 blockchain purpose-built for real-world assets, capable of meeting real-world regulatory requirements. As a permissionless chain, MANTRA enables developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced technological modules, compliance mechanisms, and cross-chain interoperability.
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ContactMarketing LeaderCristoph Lidman[email protected]
This article was originally published on Chainwire
