United Arab Emirates, Dubai, 18 September 2024, Chainwire
MANTRA, a purpose-built Layer 1 blockchain for tokenized real-world property (RWA), has introduced that it’s going to launch its extremely anticipated Mainnet in October 2024. This occasion marks a significant step within the rollout of a conventional monetary onchain and supplies a brand new dwelling for MANTRA. native token, $OM.
MANTRA Chain will present a complete and customizable set of instruments permitting builders to customise the answer primarily based on their particular wants. This suite not solely simplifies the method of bringing actual property to the chain, but additionally ensures that options stay compliant with regulatory necessities.
As a part of MANTRA's imaginative and prescient to develop into the ledger of alternative for actual property, the MANTRA Chain Mainnet will function key options comparable to:
- Verifiable safety and community stability, counterparty danger mitigation
- A trusted platform for the deployment of institutional capital within the chain
- The muse for a globally accessible asset class that unlocks a multi-trillion greenback real-world asset economic system
“The launch of our Mainnet marks the fruits of years of labor to convey finance to life. We’re excited to be on the forefront of bridging the hole between conventional and decentralized finance,” mentioned John Patrick Mullin, CEO of MANTRA. – token and stablecoin forays with world-class stability and reliability, we imagine MANTRA Chain would be the main world vacation spot for companies and industries to entry onchain financing and asset tokenization.”
The launch of MANTRA Chain represents a major milestone within the integration of conventional finance with blockchain expertise. MANTRA Chain will convey extra RWA partnerships to the fore, including to latest bulletins comparable to MANTRA partnering with UAE actual property large MAG to tokenize $500 million price of actual property.
For extra info on MANTRA, the mainnet launch and the corporate's ambitions for the RWA ecosystem, go to mantrachain.io.
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About MANTRA:
MANTRA is a purpose-built layer 1 blockchain for real-world property that is ready to adjust to real-world regulatory necessities. As a permissionless chain, MANTRA allows builders and establishments to seamlessly take part within the evolving RWA tokenization house by providing superior expertise modules, compliance mechanisms, and cross-chain interoperability.
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ContactHead of Advertising and marketingChristopher Lidmanpress@mantrachain.io
This text was initially revealed on Chainwire
