MANTRA Collaborates with UAE Real Estate Giant DAMAC for $1 Billion RWA Partnership – bloomingbit.io
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Layer 1 (L1) blockchain focused on tokenized assets (RWA), MANTRA (OM), has announced a collaboration with UAE real estate giant DAMAC.
According to a report by CoinDesk on the 9th (local time), MANTRA plans to transfer assets worth at least $1 billion to the blockchain through its partnership with DAMAC.
A spokesperson for MANTRA explained, "Details of the real estate to be tokenized and the specifications to be provided will be announced in the coming weeks, and asset trading is expected to be available from early this year."
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