According to TechFlow, on September 18, according to official news, MANTRA, an L1 blockchain built specifically for RWA, announced that the MANTRA Chain mainnet will be officially launched in October 2024. As an important step in realizing the on-chain of physical assets, the MANTRA Chain mainnet will include several key functions: verifiable network security and stability to reduce counterparty risk; provide a trusted platform for institutional capital deployment; lay the foundation for globally accessible asset classes, and is expected to unleash a trillion-dollar physical asset economy.
JP Mullin, CEO and co-founder of MANTRA, said: “The launch of the mainnet marks the culmination of our years of hard work in bringing finance to the blockchain. By providing an on-ramp for tokens and stablecoins with world-class stability and reliability, we believe MANTRA Chain will become the world’s leading destination for enterprises and industries to access on-chain financing and asset tokenization.”
