Mantra Chain will tokenize MAG Group’s $500 million assets, and investors will receive returns through stablecoins and OM tokens

According to TechFlow, Mantra Chain will tokenize USD 500 million worth of assets of Dubai real estate developer MAG Group. The first batch of tokenized assets include Keturah Reserve, a residential project in Meydan, Dubai, and Ritz-Carlton Residences, Dubai, Creekside, worth USD 75 million. Investors will earn income through stablecoins and Mantra's OM tokens, with an expected stablecoin yield of 8% and additional OM tokens. Specific income details are under discussion.