As a seasoned crypto investor with over a decade of experience navigating the dynamic digital asset landscape, I am genuinely excited about the strategic partnership between MANTRA and Libre Capital. The fusion of their respective strengths in layer-1 blockchain technology and tokenized real-world assets adoption is a game-changer that could potentially redefine the investment landscape.
Mantra’s Layer-1 blockchain and the UAE-based tokenization platform, Libre Capital, are working towards boosting the widespread use of tokens representing real-world assets. In simpler terms, they are making efforts to popularize the concept of tokenizing real-world assets using their respective platforms.
On November 4th, MANTRA (OM) and Libre Capital formalized a collaboration, using the synergy of their respective capabilities to provide on-chain investment funds for MANTRA’s institutional and accredited clients.
Mantra explained that their collaboration would employ their custom-made RWA blockchain together with Libre’s tokenization and issuance facilities. Their joint objective is to offer on-blockchain access to investment chances in hedge funds, money market funds, and private credit funds.
As per the information provided in the announcement, a new integration is set to make it possible for eligible institutional investors to tap into the on-chain funds available on MANTRA. This will be facilitated by Libre’s decentralized applications, specifically the “Libre Gateway DeFi dApps”.
On integrated blockchains, Libre enables users to access elite tokenized money market funds and other investment options in a manner that adheres to regulations.
John Patrick Mullin, co-founder and chief executive officer of MANTRA said:
By incorporating solutions such as the Libre Gateway, MANTRA offers its users an enhanced suite of top-tier tools that facilitate the expansion of the practical asset market.
By integrating Libre Gateway into MANTRA Chain, users of the L1 platform can enjoy several advantages, such as access to treasury management tools. Meanwhile, Libre is keen on investigating the infrastructure tailored for RWA (Regulated Wrapper Assets) that the layer-1 blockchain network provides, according to Dr. Avtar Sehra, founder and CEO of Libre.
In October, MANTRA Chain officially launched its main network. More recently, it has formed a partnership with Google Cloud, acting as both a validator and infrastructure provider for MANTRA. The primary aim of this alliance is to strengthen the MANTRA platform’s real-world asset market through an accelerator program.
The RWA accelerator program will go live in the first quarter of next year.
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2024-11-05 01:37