MANTRA launches $108M fund for real-world asset innovation
Real-world assets are becoming one of the key areas of blockchain innovation, and MANTRA wants to be at the forefront of this industry.
The race for Real-world asset dominance is heating up. On Monday, April 7, MANTRA Chain launched a $108.8 millio ecosystem fund to support the development of the RWA industry. The MANTRA Ecosystem Fund will allocate the funds over four years to startups in all stages of growth globally.
MANTRA will find startups to invest in through its network of investment partners and incubators, said MANTRA CEO John Patrick Mullin. According to the company, these include Brevan Howard Digital, Amber Group, Laser Digital, Shorooq, Valor Capital, and more.
“By aligning with top investors and incubators, we are opening doors for visionary founders and teams to join us in building and creating a thriving ecosystem and bringing more of the world on-chain,” John Patrick Mullin, CEO and founder of MANTRA.
The fund will primarily focus on the MANTRA ecosystem, which is building a platform for RWAs that focuses on regulatory compliance. However, other projects in the industry will also have a chance to receive investments.
We genuinely believe in playing a non-zero-sum game, where collaboration and a broad open-arms policy will serve our community and industry best,” said Gideon Daitz, partner at Three Point Capital.
MANTRA secures Dubai VASP licence
The launch of the fund comes after MANTRA obtained a Virtual Asset Service Provider (VASP) in Dubai on February 19. Dubai is a key market for MANTRA, where the company started several projects. These include a partnership with Dubai-based DAMAC Group to offer tokenized financing worth $1 billion for its real-estate projects.
Asset tokenization is a key use case for crypto. Due to its ability to make investments more accessible, it is growing rapidly, reaching a market cap of $50 billion in 2025. Moreover, projections by McKinsey suggest that the total RWA market cap could hit $2 trillion by 2030.
