DUBAI: Zand Bank PJSC, the digital bank licensed by the Central Bank of the UAE, and MANTRA, an RWA-focused Layer 1 blockchain, have signed a Memorandum of Understanding (MOU) to streamline the process of real-world asset tokenization, including the identification, listing and distribution of RWAs. The collaboration between these two entities will also focus on…
All posts tagged MANTRA
MANTRA unveils new incubator at Dubai World Trade Center
DUBAI, UAE: In a move to bolster the Real World Asset (RWA) tokenization sector in the MENA region, MANTRA has launched an incubation program at the Dubai World Trade Center. The initiative follows an $11 million investment led by Shorooq Partners and is in collaboration with UAE’s corporate service giant, Virtuzone. The program aims to…
MANTRA completes $11 million funding round to accelerate RWA Tokenization
DUBAI, UAE: MANTRA ($OM), the Layer 1 blockchain for Real World Assets (RWA), has announced the completion of a new funding round. Top venture and technology investor in the MENA region, Shorooq Partners, led the $11M investment round. Additionally, a diverse range of strategic investors such as Three Point Capital, Forte Securities, Virtuzone, Hex Trust,…