Patrick

World

Standard

MANTRA

<div class="finbold">
 <p class="paragraph">MANTRA, a Layer-1 blockchain platform focusing on Real World Assets (RWA), has announced a strategic <a rel="noopener noreferrer nofollow" title="investment" href="https://thebittimes.com/tag/investment.html">investment</a> from Laser Digital, the digital asset subsidiary of Nomura, as per the info shared with Finbold on May 23.&nbsp;</p>
 <p class="paragraph">The funding is set to propel the company towards its goal of becoming the leading RWA Layer 1 blockchain across Middle Eastern and Asian markets.</p>
 <h2 class="wp-block-heading" id="h-bolstering-rwa-tokenization-in-the-middle-east-and-asia">Bolstering RWA tokenization in the Middle East and Asia</h2>
 <p class="paragraph">The partnership brings together MANTRA’s innovative approach to blockchain technology with Laser Digital’s extensive experience in RWA <a rel="noopener noreferrer nofollow" title="tokenization" href="https://thebittimes.com/tag/tokenization.html">tokenization</a>.&nbsp;</p>
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6">
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5">
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path>
   </svg> Picks for you</h3>
  <div class="grid md:grid-cols-2 gap-x-10 gap-y-3 md:gap-y-5 divide-y divide-gray-300 md:divide-y-0">
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Tesla sells over 30 Cybertrucks daily in the U.S. <span class="self-center text-xs text-slate-500">20 mins ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Crypto expert Michaël van de Poppe predicts 'big bull cycle' for these assets <span class="self-center text-xs text-slate-500">2 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    $800 billion Standard Chartered predicts Bitcoin to hit $150k this year <span class="self-center text-xs text-slate-500">2 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Texas' most active senator in stock trading; Ted Cruz's net worth revealed <span class="self-center text-xs text-slate-500">2 hours ago</span>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <p class="paragraph">Laser Digital’s strong presence in the Middle East is bolstered by a Virtual Asset Broker-Dealer license and a Management and Investment Services license from Dubai’s Virtual Asset Regulatory Authority, acquired in 2023.&nbsp;</p>
 <p class="paragraph">Additionally, the company holds In-Principle Approval from the Financial Services Regulatory Authority of Abu Dhabi Global Market.</p>
 <p class="paragraph">Jez Mohideen, CEO of Laser Digital, expressed enthusiasm for the collaboration, stating:</p>
 <blockquote class="wp-block-quote">
  <p class="paragraph">“We are excited to support MANTRA’s journey as it pioneers new frontiers in RWA and digital finance.”</p>
 </blockquote>
 <p class="paragraph">John Patrick Mullin, CEO and Co-Founder of MANTRA, echoed this sentiment, highlighting the strategic importance of the partnership:</p>
 <blockquote class="wp-block-quote">
  <p class="paragraph">“We are incredibly excited to welcome Laser Digital as a strategic partner.&nbsp; Laser Digital’s <a rel="noopener noreferrer nofollow" title="investment" href="https://thebittimes.com/tag/investment.html">investment</a> is not just financial but an endorsement of our mission to make RWA accessible and operable through blockchain technology. Laser’s expertise and network in the financial sectors will be invaluable as we expand our technological footprint.”</p>
 </blockquote>
 <h2 class="wp-block-heading" id="h-mantra-pioneering-the-future-of-rwa-tokenization">MANTRA: Pioneering the future of RWA tokenization</h2>
 <p class="paragraph">MANTRA strives to become the world’s leading RWA L1 blockchain, designed to comply with and enforce real-world regulatory requirements.&nbsp;</p>
 <p class="paragraph">By accelerating the adoption of tokenized RWAs, MANTRA seeks to leverage the $16 trillion RWA economy with a regulatory-ready blockchain.&nbsp;</p>
 <p class="paragraph">As a permissionless chain, MANTRA also empowers developers and institutions to seamlessly participate in the evolving RWA <a rel="noopener noreferrer nofollow" title="tokenization" href="https://thebittimes.com/tag/tokenization.html">tokenization</a> space by offering advanced technology modules, compliance mechanisms, and cross-chain interoperability.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/mantra-secures-investment-from-nomura-s-laser-digital-to-boost-rwa-tokenization-in-the-middle-east-and-asia-tbt89395.html">https://thebittimes.com/mantra-secures-investment-from-nomura-s-laser-digital-to-boost-rwa-tokenization-in-the-middle-east-and-asia-tbt89395.html</a></p>

MANTRA secures investment from Nomura’s Laser Digital to boost RWA tokenization in the Middle East and Asia

Table of Contents

TheBitTimes

Other articles published on May 23, 2024

Step-by-Step Tutorial- How to Generate a Bitcoin Paper Wallet

Andre Cronje Leads Sonic Network Launch

Moonbag Presale Gains Traction Amid Fantom's Transaction Limits, Slothana's Investor Concerns

Bitcoin Expected To Peak Soon? Analyst Forecasts Timeline, Here’s When

Crypto Market Awaits SEC Decision on Ether ETF

U. S. House Passes Bill to Block Public CBDC Amid Privacy Concerns

Join our free newsletter for daily crypto updates!