MANTRA, a blockchain focused on tokenized real-world assets, is launching a buyback of OM tokens amounting to a minimum of $25 million. This move aims to bolster investor confidence and ensure the sustainability of the ecosystem.
Strategy of the OM Token Buyback
The buyback will commence on August 27, 2025, and will transparently take place over several months through reputable trading firms at centralized exchanges. All acquired tokens will be transferred to the MANTRA Chain mainnet and staked with the company's validators.
Investments and Confidence in the Ecosystem
Key investors and partners are participating in the buyback. Including the recent $20 million investment from Inveniam, total commitments have reached $45 million. This reflects a high level of trust in the OM token and the MANTRA ecosystem.
Implementation Plans and Next Update
MANTRA will provide regular updates on the buyback process through its social media channels. Wallet addresses receiving the repurchased tokens will also be published.
The strategic buyback of OM tokens by MANTRA emphasizes not only the company's financial intentions but also the confidence of investors in its vision and sustainable development. This approach will help maintain the token's value and strengthen the ecosystem.