MultiVM Mainnet Update Revealed by MANTRA for Real-World Asset Tokenization of RWA
MANTRA Chain, a MultiVM Layer 1 blockchain, has announced a significant mainnet upgrade that positions it as the first truly MultiVM Layer 1 chain designed specifically for Real-World Assets (RWAs). This upgrade brings several enhancements, including seamless bridging of funds from other EVM-compatible chains, native support for both EVM and CosmWasm smart contracts, and the ability to offer full access to EVM opcodes and precompiles with low transaction fees.
With this upgrade, MANTRA aims to play a central role in shaping the infrastructure for institutional engagement in tokenized assets. The company's focus is now on scaling adoption, onboarding additional asset issuers, and demonstrating how tokenized finance can operate in a transparent, secure, and regulation-friendly environment.
MANTRA's regulatory license in Dubai extends across exchange, broker-dealer, and investment services, providing a comprehensive framework for compliant operations. The platform's Virtual Asset Service Provider (VASP) license from Dubai's Virtual Assets Regulatory Authority (VARA) strengthens its ability to deliver compliant solutions for the rapidly expanding tokenization sector.
The company's compliance-driven infrastructure differentiates it from competitors, offering both regulatory assurance and technical interoperability. MANTRA integrates regulatory requirements at the protocol level, providing a stronger foundation of confidence for institutional users.
In a strategic move, MANTRA has announced a collaboration with Inveniam to develop a global institutional RWA ecosystem. The specific companies involved in this collaboration were not named, but the partnership reflects MANTRA's ambition to grow its ecosystem and influence in the RWA sector.
Developers can now deploy Solidity-based decentralized applications directly onto MANTRA Chain without modifications and fork DeFi protocols for RWA use cases. This opens up a world of possibilities for the development of innovative solutions on the MANTRA platform.
To support long-term ecosystem stability, MANTRA has completed a buyback of its $OM token. The company is also hosting Agentic., a two-day summit in Abu Dhabi on October 21-22, to bring together leaders in markets, tokenization, trading, and financial innovation. The upcoming Agentic. summit, dubbed the "capital of capital," promises to be a significant event in the blockchain and tokenization industry.
MANTRA has onboarded major partners such as Binance, Nansen, and Inveniam as validators to reinforce decentralization. The phasing out of internal nodes is part of MANTRA's ongoing governance improvements.
With the tokenization market, valued at an estimated $16 trillion, increasingly leaning on EVM-based infrastructure, MANTRA has fully embraced this framework to align with industry adoption. The upgrade positions MANTRA as the first true MultiVM Layer 1 chain designed specifically for RWAs, paving the way for a future filled with exciting opportunities in the world of tokenized assets.
Read also:
- Linde Wins Major Engineering Design Contract for Equinor's Low Carbon Hydrogen Project at H2H Saltend, Progressing Towards a Greener Future
- Stock markets in Asia experience a surge following a record-breaking rally in U.S. stocks, fueled by optimism towards potential interest rate reductions.
- Dazzling Accomplishment: Constructing a £5m Venture by Age 25
- Transportation via roads plays a critical role in India's shift towards clean energy.
