Dark horse this year👻
In March 2024, Mantra completed a $11 million financing.
It is the tokenization of $500 million worth of assets of Dubai-based real estate developer MAG Group. Mantra will tokenize assets in multiple times. The first part will include Keturah Reserve, a residential project built by MAG in Meydan, Dubai, and a $75 million mega mansion built in the Ritz-Carlton Residences development project in Creekside, Dubai.
Investors receive 8% stablecoin returns and Mantra's OM tokens.
