MANTRA, a Layer-1 blockchain, announced the launch of RWAccelerator to support startups working on real-world asset tokenization.
A Dedicated Program for RWA-Focused Startups
RWAccelerator is designed to fast-track innovation in real-world asset tokenization, focusing on real estate, financial products, and alternative assets. Participants will receive funding, technical mentorship, and access to Google Cloud resources.
Three Themed Tracks for Startups
The program offers startups three tracks to choose from: Infrastructure Track for projects developing blockchain infrastructure and security tools; Tokenization Track for startups focusing on digitizing assets; DeFi Track for projects developing decentralized finance applications.
Google Cloud's Role in the Accelerator
RWAccelerator is powered by Google Cloud, providing participants with cloud credits, technical support, and workshops. Richard Widdman from Google Cloud emphasized the importance of creating an environment for startup growth.
The RWAccelerator program is open for applications until March 20, 2025, with selected participants commencing a three-month program thereafter. MANTRA aims to integrate traditional financial instruments with blockchain technology, supporting the development of the real-world asset economy.
