Dubai, United Arab Emirates, September 18, 2024, Chainwire
MANTRA, a Layer-1 blockchain purpose-built for tokenized real-world belongings (RWA), has introduced that it’s going to launch its long-awaited mainnet in October 2024. This groundbreaking occasion marks a big step in bringing conventional finance on-chain and gives a brand new house for MANTRA's native token, $OM.
MANTRA Chain affords a complete, customizable suite of instruments that allow builders to tailor options based mostly on their particular wants. This suite not solely simplifies the method of bringing real-world belongings on-chain, but in addition ensures that the answer stays compliant with regulatory necessities.
As a part of MANTRA’s imaginative and prescient to grow to be the popular ledger of report for real-world belongings, the MANTRA Chain mainnet will embody the next key options:
- Verifiable community safety and stability, mitigating counterparty danger
- A trusted platform for deploying institutional capital on-chain
- Construct the inspiration for a globally accessible asset class and unlock a multi-trillion greenback real-world asset economic system
“Our mainnet launch marks the fruits of years of labor to carry finance on-chain, and we’re excited to be on the forefront of bridging the hole between conventional and decentralized finance,” stated John Patrick Marin, CEO of MANTRA. “By offering a token and stablecoin on-ramp with world-class stability and reliability, we imagine MANTRA Chain will grow to be the world's main vacation spot for companies and industries to entry on-chain finance and asset tokenization.”
The launch of MANTRA Chain marks a big milestone within the integration of conventional finance and blockchain expertise. MANTRA Chain will carry extra RWA partnerships to the forefront, constructing on the latest announcement that it has partnered with UAE actual property large MAG to tokenize $500 million value of actual property.
To be taught extra about MANTRA, its mainnet launch, and the corporate’s ambitions for the RWA ecosystem, go to mantrachain.io.
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About MANTRA:
MANTRA is a Layer 1 blockchain constructed particularly for real-world belongings and able to complying with real-world regulatory necessities. As a permissionless chain, MANTRA affords superior technical modules, compliance mechanisms, and cross-chain interoperability to allow builders and establishments to seamlessly take part within the evolving RWA tokenization house.
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