MANTRA launches $108M fund for real-world asset innovation

Active workers of the real world become one of the key areas of blockchain innovation, and Mantra wants to be at the forefront of this industry.

The race for the domination of active world active people warms up. Monday, April 7, Mantra Chain launched a $ 108.8 ecosystem fund To support the development of RWA industry. The Mantra Ecosystem Fund will allocate funds over four years to startups at all stages of growth worldwide.

Mantra will find startups in which investing through its network of investment partners and incubators, said Mantra CEO John Patrick Mullin. According to the company, these are Brevan Howard Digital, Amber Group, Laser Digital, Shorooq, Valor Capital, etc.

“By lining up with the best investors and incubators, we open doors so that the founders and visionary teams join us to build and create a flourishing ecosystem and bring more people in a chain”, John Patrick Mullin, CEO and founder of Mantra.

The fund will mainly focus on the Mantra ecosystem, which builds a platform for RWAS which focuses on regulatory compliance. However, other industry projects will also have the possibility of receiving investments.

We really believe by playing a zero sum game, where collaboration and a large open arm policy will serve the best of our community and industry, “said Gideon Daitz, partner of Three Point Capital.

Mantra secures the license of Dubai Vasp

The launch of the fund comes after Mantra obtained A virtual asset service provider (VASP) in Dubai on February 19. Dubai is a key market for Mantra, where the company has launched several projects. This is in particular a partnership with Damac Group, based in Dubai, to offer tokenized funding worth $ 1 billion for its real estate projects.

The tokenization of assets is a case of key use for crypto. Due to its ability to make investments more accessible, it grows quickly, reaching a market capitalization of $ 50 billion in 2025. In addition, McKinsey’s projections suggest that the total market capitalization of RWA could strike 2 Billions by 2030.