Mantra Launches $108.9 Million Fund to Boost RWA Tokenization

Edited by: Yuliya Shumai

On April 7, Mantra announced the launch of a $108.9 million Mantra Ecosystem Fund (MEF) to support real-world asset (RWA) tokenization and DeFi projects globally. The fund, backed by Laser Digital, Shorooq, Brevan Howard Digital, and others, aims to invest in blockchain startups over the next four years, capitalizing on the growing institutional interest in RWAs, which reached a $19.6 billion market cap in early April. This initiative follows Mantra's recent VASP license acquisition from Dubai's VARA.

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