DAMAC Group Plans to Tokenize $1 Billion in Assets in 2025

user avatar

by Giorgi Kostiuk

2 years ago

DAMAC Group and MANTRA have announced plans to tokenize $1 billion in assets by early 2025, an initiative aimed at enhancing investment transparency and security.

DAMAC Group and MANTRA Partnership

UAE's DAMAC Group plans to tokenize $1 billion worth of assets in early 2025, partnering with MANTRA. The collaboration focuses on implementing token-based financing for various assets. The tokenization will take place on MANTRA's blockchain, ensuring transparency, security, and accessibility.

This partnership with DAMAC Group is an endorsement for the RWA industry. We’re thrilled to partner with such a prestigious group and see the incredible opportunities of bringing traditional financing onchain.John Patrick Mullin, CEO of MANTRA

DAMAC Group's US Data Center Investments

Recently, DAMAC Group announced a $20 billion investment in US data centers. The project will cover eight states, including Texas and Arizona. President Donald Trump, at his Florida estate, declared that these data centers would solidify the US's position in the global tech industry.

MANTRA's Previous Tokenization Deals

In July 2024, MANTRA collaborated with MAG Group Holding to tokenize $500 million in assets. MANTRA also signed an MOU with Zand, UAE's AI-enabled digital bank, to streamline the tokenization process.

The collaboration between DAMAC Group and MANTRA highlights the integration of blockchain technology into traditional investment models, paving the way for new opportunities in the financial market.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

French Investors Increase Stablecoin Self-Custody

In France, stablecoin balances held in personal wallets surged by 192% from July 2025 to June 2026, indicating a growing trend towards self-custody among French crypto users influenced by fiscal pressures and political uncertainty.

user avatarLeo van der Veen

Stablecoin Holdings Surge in Western Europe

Stablecoin holdings in personal wallets across Western Europe surged by 131% between July 2025 and June 2026, significantly outpacing the global growth rate.

user avatarLi Weicheng

AI Agent Successfully Bypasses CAPTCHA Tests, Exposing Weaknesses

AI agent named Gary successfully bypassed CAPTCHA tests on over 50 Discord servers, revealing vulnerabilities in traditional verification methods.

user avatarAisha Farooq

Solo's Human Verification SDK Now Powers JellyJelly

Solo's human verification SDK is now integrated into JellyJelly, ensuring each account belongs to a real person without the need for government IDs.

user avatarTenzin Dorje

Payward Reports Recovery Signs Amid Annual Revenue Decline

Payward reports signs of recovery in Q3 despite annual revenue decline, with a 12% increase in platform margin attributed to improved trading activity and expanded client services.

user avatarElias Mukuru

Payward's Financial Services Expansion Mitigates Trading Revenue Losses

Payward has expanded its financial services operations to mitigate losses from declining trading revenue, now accounting for 52% of its total platform margin.

user avatarMohamed Farouk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.