⚡️ @MANTRA_Chain $OM to tokenize $1B worth of RWA for UAE-based property firm @DAMACOfficial
MANTRA will collaborate with DAMAC Group on a $1B deal to enable token-based financing for a diverse range of assets. The DAMAC Group assets will be available in early 2025, exclusively on MANTRA Chain. Earlier in July 2024, MANTRA partnered with another Dubai-based real estate developer MAG Group to tokenize $500M real estate assets. MANTRA Chain is the #RWA Layer 1 Blockchain, capable of adherence and enforcement of real-world regulatory requirements.
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