**Mantra & DAMAC: A Tokenization Collaboration That Rocks! ๐**
- Exciting news from the blockchain world! Mantra, a layer-1 blockchain for real-world assets, has just signed a $1 billion deal with DAMAC Group. The goal? Increasing the accessibility of tokenized assets in the Middle East.
- Starting in early 2025, users can start tokenizing DAMAC Group assets using the Mantra blockchain. Itโs like giving your assets a digital passport!
- DAMAC Group, a multinational business conglomerate, is ready to take tokenization to the next level. From fashion to hotels, everything can be tokenized. This is an innovative move that makes investing more secure and transparent.
- Mantra CEO John Patrick Mullin called this partnership a huge boost for the RWA industry. With a partner as big as DAMAC, Mantra is ready to bring traditional financial opportunities to the onchain world.
- Since its mainnet debut in October 2024, Mantra has continued to collaborate with various platforms, including Google Cloud and Chainlink. No wonder their $OM token has shot up to 42nd place in market cap!
What do you think about tokenizing real-world assets? Letโs discuss in the comments!