MANTRA, a Layer-1 blockchain, has joined forces with Libre Capital, a tokenization platform based in the United Arab Emirates, with the goal of promoting the adoption of tokenized real-world assets. This collaboration, announced on Nov. 4, aims to offer on-chain funds to MANTRA’s institutional or accredited users by leveraging the strengths of both companies.
Through this partnership, MANTRA plans to utilize its purpose-built RWA blockchain alongside Libre’s tokenization and issuance capabilities to provide on-chain access to investment opportunities in hedge funds, money market funds, and private credit funds. The integration of Libre’s decentralized applications deployment, known as “Libre Gateway DeFi dApps”, will enable eligible institutional investors to access the on-chain funds on MANTRA in a compliant manner.
John Patrick Mullin, the co-founder and CEO of MANTRA, expressed his excitement about the collaboration, stating that with the addition of protocols like the Libre Gateway, MANTRA can offer users a best-in-class collection of tools to support the growth of the real-world asset economy. The integration of Libre Gateway on MANTRA Chain will provide users with benefits such as access to treasury management tools, while Libre will explore the RWA-specific infrastructure offered by the layer-1 blockchain network.
MANTRA Chain, which launched its mainnet in October and recently partnered with Google Cloud, aims to strengthen its real-world assets market through an accelerator program. The RWA accelerator program is set to go live in the first quarter of next year, further enhancing the capabilities and offerings of the MANTRA ecosystem. This partnership signifies a significant step towards expanding the reach and accessibility of tokenized real-world assets within the blockchain space, paving the way for increased participation from institutional investors and accredited users.
