Accelerating Real-World Asset Tokenization
MANTRA Chain has taken a bold step forward. In collaboration with Google Cloud, it launched the RWAccelerator program to boost real-world asset (RWA) adoption. The initiative aims to empower developers with investment capital and technical support. With Google engineers on board, startups gain valuable mentorship and cloud resources to build innovative solutions.
John Patrick Mullin, MANTRA’s CEO, highlighted the opportunity. “This program enables startups to leverage cutting-edge technology and thrive in the Web3 space,” he said.
Institutional Backing Fuels OM’s Rally
Despite bearish market sentiments, $OM has defied the odds. Backed by institutional giants like DAMAC Group and Google, its price has surged over 29x in the past year. On-chain data shows that more than 97% of OM holders are in profit. The token’s deflationary mechanism, which has burned 6.2% of its total supply, further strengthens its bullish outlook.
As the second-largest RWA-focused blockchain, MANTRA boasts a $13.3 billion fully diluted valuation and a daily volume of $189 million. The RWAccelerator program is set to enhance OM’s utility, driving sustainable growth.
Bridging TradFi and DeFi
MANTRA Chain focuses on bridging traditional finance (TradFi) with decentralized finance (DeFi). Its earlier partnership with DAMAC Group, worth around $1 billion, showcases the potential of token-based property financing. The RWAccelerator program expands this vision by supporting startups aiming to revolutionize the financial ecosystem.
Blockchain technology has made global investments more accessible. Tokenized stock indexes and RWA platforms offer seamless entry points for everyday investors. MANTRA’s initiative, backed by Google Cloud, promises to push these boundaries even further.
Looking Ahead
The RWA industry has already reached a $38.7 billion valuation. With institutional interest growing, MANTRA is well-positioned to capitalize on this momentum. The RWAccelerator program not only enhances its ecosystem but also strengthens the broader Web3 community.
OM’s upward trajectory looks promising. As competition in the blockchain space intensifies, MANTRA’s strategic moves could ensure lasting success for both its platform and investors.
