The Mantra (OM) token is showing significant growth in the cryptocurrency market, attracting the attention of investors and professionals due to a new Dubai license and collaboration with Google Cloud.
Record Surge of Mantra Token
The price of the Mantra (OM) token reached a record $8.99 with an increase of over 12.63% in the past day. Trading activity also surged, showing a 134.41% increase. This growth occurs amid an overall downturn in the altcoin market.
Dubai License: A New Stage for Mantra
Mantra DAO became the first DeFi project to receive a VASP license from Dubai's VARA regulator. This license allows the project to offer virtual asset exchange services, act as a broker, and engage in investment and management. Mantra CEO John Patrick Mullin emphasized that regulation fosters trust and expansion.
Partnership with Google Cloud
Mantra announced a collaboration with Google Cloud to launch an accelerator program focused on tokenizing real-world assets. The initiative was unveiled at Consensus 2025, highlighting how it could accelerate innovation in blockchain finance.
The sharp rise of the Mantra OM token and its partnerships with major players indicate the project's resilience and appeal to institutional investors. Further development and support from large companies can be expected in the near future.
