• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

MANTRA Announces Strategic Buyback of OM Tokens to Support Its Ecosystem

user avatar

by Giorgi Kostiuk

5 hours ago


MANTRA, a blockchain built for the tokenization of real-world assets, has announced the launch of an OM token buyback program supported by key investors.

First Phase of the OM Token Buyback

On August 28, 2025, MANTRA announced the first phase of its OM token buyback, which will be executed with a minimum commitment of $25 million from a group of key investors. The buyback will occur over several months across centralized exchanges.

Investor Support and Total Commitments

This program includes a recent $20 million investment from Inveniam, raising the total commitments to $45 million, reinforcing confidence in the OM and MANTRA ecosystem.

Strategy and Expectations from the Buyback Program

According to John Patrick Mullin, CEO of MANTRA, this buyback program is not merely a financial transaction but a signal of confidence from partners and key stakeholders in the long-term utility of the token. The program aims to maintain the token's value and enhance institutional participation.

The OM token buyback program by MANTRA highlights investor confidence and the company's commitment to maintaining the stability and growth of its ecosystem.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Binance Launches Airdrop of 25 Million SHELL Tokens for BNB Holders

chest

Binance has announced an airdrop where 25 million SHELL tokens will be distributed to BNB holders.

user avatarGiorgi Kostiuk

Expansion of Stablecoin Settlements by Mastercard and Circle in EEMEA

chest

Mastercard and Circle's partnership enhances stablecoin usage in digital commerce throughout the EEMEA region.

user avatarGiorgi Kostiuk

Unverified Reports of BlackRock's $300 Million Ethereum Purchase Reflect Institutional Interest

chest

BlackRock has purchased $300 million in Ethereum, boosting institutional interest and contributing to price increase.

user avatarGiorgi Kostiuk

What is Ton Station Daily Combo on August 28, 2025?

chest

Explore the details about Ton Station Daily Combo on August 28, 2025, including rules, tips, and bonus information.

user avatarGiorgi Kostiuk

Analysis of Solana's Price Movement and Institutional Demand

chest

The Solana price tested the resistance at $215 amid growing institutional interest in the market.

user avatarGiorgi Kostiuk

XRP Falls Below $3, ADA Down 8%, MAGAX Sees 10% Increase

chest

XRP and ADA face strong market pressure, while MAGAX continues to show positive results.

user avatarGiorgi Kostiuk

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.