According to Odaily Planet Daily, Mantra Chain said in a press release that it will tokenize assets worth $500 million from Dubai real estate developer MAG Group. Mantra focuses on the Middle East business and will divide these assets into multiple batches. The first batch will include Keturah Reserve, a residential project built by MAG in Dubai Meydan, and a giant mansion in the $75 million "Dubai Ritz-Carlton Residences" development project. Investors will earn income through stablecoins and Mantra's OM tokens, and are expected to earn an 8% yield from stablecoins and receive additional OM tokens.
