๐ Mantra and Damac Group just inked a $1 billion deal to bring tokenized real-world assets (RWAs) to the Middle East! Damac, a UAE-based conglomerate, plans to use Mantra's blockchain to tokenize its vast portfolio, including real estate and hospitality. This partnership aims to enhance transparency and security, making Damac's assets available on the Mantra chain soon. Mantra's CEO, John Mullin, calls this a "massive vote of confidence" for RWA tokenization. With predictions of tokenized assets doubling by 2025, the future looks brightโand tokenized!
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