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MANTRA Chain Mainnet Scheduled for October 2024 Launch

Sep 18, 2024
  1. Innovative Solutions of MANTRA Chain
  2. Features of MANTRA Chain Mainnet
  3. Statements from MANTRA Leadership

MANTRA has revealed the much-anticipated launch of the mainnet for its blockchain platform, designed for tokenizing real-world assets (RWAs), scheduled for October 2024. This event marks a significant step towards integrating traditional finance onchain.

Innovative Solutions of MANTRA Chain

MANTRA Chain will offer a broad and customizable suite of tools, allowing developers to tailor solutions to meet their specific needs. This suite ensures compliance with regulatory standards while streamlining the process of moving real-world assets onto the blockchain.

Features of MANTRA Chain Mainnet

Key aspects of the MANTRA Chain Mainnet include: * Verifiable stability and security of the network, reducing counterparty risk * A reliable platform for the on-chain deployment of institutional funds * A foundation for an asset class that is accessible worldwide, opening up the multitrillion-dollar real-world asset industry

Statements from MANTRA Leadership

John Patrick Mullin, CEO of MANTRA, stated: > "The launch of our Mainnet marks the culmination of years of work to bring finance onchain. We are thrilled to be at the forefront of bridging the gap between traditional and decentralized finance. By providing on-ramps for tokens and stablecoins with world-class stability and reliability, we believe MANTRA Chain will be the leading global destination for businesses and industries to access onchain financing and asset tokenization."

The launch of MANTRA Chain represents a critical turning point in integrating blockchain technology with traditional finance. Alongside previous announcements such as MANTRA’s cooperation with Dubai-based MAG to tokenize US$500 million of real estate, MANTRA Chain will continue to push forward with additional RWA partnerships.

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