UAE Real Estate Leader MAG Joins Forces with MANTRA to Tokenize $500 Million in Property Assets

MANTRA has announced on their medium page a strategic partnership with MAG, a prominent UAE developer with a real estate portfolio valued at over US$5 billion. This collaboration aims to transform real estate investment by leveraging blockchain technology, democratizing access to premium Dubai properties. This strategic alliance signifies a major advancement for both institutions. MANTRA’s institutional-grade blockchain infrastructure will provide a secure and transparent platform for tokenization. MAG will contribute its extensive portfolio and expertise in the UAE’s real estate landscape. The total value of real estate projects slated for tokenization will be structured in multiple tranches, reaching a cumulative value of US$500 million. This collaboration unlocks unique investment opportunities in the thriving Middle Eastern market for tokenized real estate, further positioning MANTRA and MAG as key players within the region. Investors participating in the vault product will benefit from a compelling reward structure. They can expect to receive a combined yield, with an estimated 8% APY generated from stablecoins, further augmented by MANTRA’s native token, $OM.

#mantra #uae #MtGoxJulyRepayments #BinanceTournament #US_Inflation_Easing_Alert