MANTRA Launches $108 Million Ecosystem Fund to Advance Real World Asset Innovation

MANTRA Chain, a blockchain dedicated to the tokenization of real-world assets (RWAs), has launched a $108.8 million fund known as the MANTRA Ecosystem Fund (MEF). This initiative is designed to accelerate the growth and adoption of projects within the MANTRA ecosystem. The announcement follows MANTRA’s achievement of obtaining a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), allowing it to operate as a Virtual Asset Exchange and provide Broker-Dealer, and Management and Investment Services.