In a latest development, Mantra, a blockchain built for tokenized real-world assets (RWAs), signed a $1 billion agreement with Damac Group, an investment conglomerate, to enable token-based finance in the Middle East. Notably, DAMAC’s portfolio encompasses real estate developments firms, hospitality and data centers, and started accepting crypto payments in 2022. It will use Mantra to tokenize its extensive asset portfolio. The partnership aims to bring blockchain-powered transparency, security and access to Damac’s assets, which will be exclusively available on the Mantra chain early this year. The companies aim to streamline traditional investment processes and enhance accessibility for both retail and institutional investors by tokenizing assets.
What if the next big crypto boom isn't driven by Bitcoin or Ethereum, but by…
Convergence of artificial intelligence (AI) and blockchain technology continues to reshape the crypto space, one…
FUNToken launches a smart rewards bot — the first step toward building an AI agent…
The crypto market of 2025 is now a full-blown financial arena where professionals, institutional traders,…
Analysts are spotlighting Mutuum Finance (MUTM) as the best crypto to buy now, outshining Dogecoin…
Investors seeking more than speculative momentum are increasingly shifting their attention from Dogecoin (DOGE) toward…
