Deep Tide TechFlow news, on January 9, according to CoinDesk, MANTRA Blockchain and UAE real estate developer DAMAC Group announced a partnership to plan the tokenization of at least $1 billion in assets by early 2025.

DAMAC's business covers areas such as real estate development, hotels, and data centers, and the company has accepted Bitcoin and Ethereum payments since 2022. Specific details of the tokenization project will be announced in the coming weeks.

It is worth noting that Trump recently revealed that DAMAC plans to invest $20 billion in building data centers in multiple states across the United States. MANTRA had previously reached a $500 million asset tokenization partnership with Dubai real estate developer MAG Group.