MANTRA, a blockchain platform designed for tokenizing real-world assets (RWAs), has announced a strategic buyback program for its OM token. This program will see a minimum investment of $25 million from key investors and stakeholders, supporting the growth of the ecosystem and boosting confidence in the OM token. This initiative follows Inveniam’s recent $20 million investment in MANTRA to further develop institutional market infrastructure and increase private real world asset participation. commitments now total $45 million. ),
The buyback program is executed transparently over several months across publicly traded centralized exchange venues, with recurring orders placed by reputable trading firms at or near current market prices.
Updates will be provided regularly via MANTRA’s X account and the OM token dashboard, showcasing the progress of the buyback program. Repurchased tokens will be withdrawn from exchanges and staked on MANTRA’s mainnet, effectively supporting the ecosystem’s growth.