Mantra Chain 

MANTRA Chain Mainnet launch October 2024: Connecting TradFi and DeFi, bringing real-world asset tokenization innovations into the blockchain ecosystem

MANTRA Chain Mainnet Launches as Key to Real-World Asset Tokenization

thumbnail_MANTRA Chain Mainnet Launch Key to Real World Asset Tokenization.webp

MANTRA Chain Mainnet Launch Key to Real World Asset Tokenization.webp

Mantra Chain announced the tokenization of $500 million worth of real estate assets with Dubai's MAG Group.

MANTRA Tokenize $500 Million Real Estate Assets With UAE

thumbnail_MANTRA Tokenize $500 Million Real Estate Assets With UAE

Mantra Chain plans to tokenize $500 million worth of assets from Dubai real estate developer MAG Group.  Read this article for the full story!

Mantra Chain to Tokenize Assets

<img src="https://static.bittime.com/cms-static/upload/Mantra_Chain_Tokenize_5275a83e49.png" alt="Mantra Chain, Tokenize.png" width="2048" height="1152"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a> -&nbsp;Mantra Chain, a blockchain platform focused on asset tokenization, recently announced plans to tokenize $500 million worth of assets from Dubai real estate developer, MAG Group.&nbsp;&nbsp;<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Selamat_Datang_Bittime_1084fc2481.jpg" alt="Banner Selamat Datang Bittime" width="746" height="155"></a><h2 style="line-height:1.38;margin-bottom:4pt;margin-top:18pt;text-align:justify;" dir="ltr">Mantra Chain: Tokenize $500 Million in Assets</h2>This tokenization project will be carried out in several stages, with the first stage covering two large projects, namely Keturah Reserve, a housing project in Meydan, Dubai, and Ritz-Carlton Residences, Dubai, Creekside, worth USD 75 million. By leveraging blockchain technology, Mantra Chain and MAG Group hope to offer more transparent and decentralized investment opportunities.<h3 style="line-height:1.38;margin-bottom:4pt;margin-top:14pt;text-align:justify;" dir="ltr">Tokenization Project Details by Mantra Chain</h3><ol style="margin-bottom:0;margin-top:0;padding-inline-start:48px;"><li style="background-color:transparent;color:#000000;font-family:Arial,sans-serif;font-size:11pt;font-style:normal;font-variant:normal;font-weight:400;list-style-type:decimal;text-decoration:none;vertical-align:baseline;white-space:pre;" dir="ltr" aria-level="1">Keturah Reserve: This housing project is one of MAG Group's flagship projects located in Meydan, Dubai.</li><li style="background-color:transparent;color:#000000;font-family:Arial,sans-serif;font-size:11pt;font-style:normal;font-variant:normal;font-weight:400;list-style-type:decimal;text-decoration:none;vertical-align:baseline;white-space:pre;" dir="ltr" aria-level="1">Ritz-Carlton Residences, Dubai, Creekside: This USD 75 million mega-mansion development will be part of the first phase of tokenization.</li></ol><h2 style="line-height:1.38;margin-bottom:4pt;margin-top:18pt;text-align:justify;" dir="ltr">Benefits for Investors</h2>Investors in this project will earn income through Mantra's stablecoins and OM tokens. It is estimated that investors will receive a yield of around 8% from the stablecoin and additional OM tokens. Specific details about these results are still in the intermediate discussion stage MAG and Mantra, with final discussions set to begin in the coming weeks.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/staking?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Staking_Memecoin_d4c0f119f6.jpg" alt="Banner Staking Memecoin" width="2985" height="620"></a><h3 style="line-height:1.38;margin-bottom:4pt;margin-top:14pt;text-align:justify;" dir="ltr">Benefits of Tokenization Performed by Mantra Chain</h3>Tokenization of real estate assets like this offers various benefits, including:<ul style="margin-bottom:0;margin-top:0;padding-inline-start:48px;"><li style="background-color:transparent;color:#000000;font-family:Arial,sans-serif;font-size:11pt;font-style:normal;font-variant:normal;font-weight:400;list-style-type:disc;text-decoration:none;vertical-align:baseline;white-space:pre;" dir="ltr" aria-level="1">Transparency: By using blockchain technology, every transaction and asset ownership can be tracked transparently.</li><li style="background-color:transparent;color:#000000;font-family:Arial,sans-serif;font-size:11pt;font-style:normal;font-variant:normal;font-weight:400;list-style-type:disc;text-decoration:none;vertical-align:baseline;white-space:pre;" dir="ltr" aria-level="1">Liquidity: Assets that are tokenized are easier to trade, thereby increasing liquidity for investors.</li><li style="background-color:transparent;color:#000000;font-family:Arial,sans-serif;font-size:11pt;font-style:normal;font-variant:normal;font-weight:400;list-style-type:disc;text-decoration:none;vertical-align:baseline;white-space:pre;" dir="ltr" aria-level="1">Accessibility: Investors from various parts of the world can participate in real estate investments that previously may have been difficult to access.</li></ul><h2 style="line-height:1.38;margin-bottom:4pt;margin-top:18pt;text-align:justify;" dir="ltr">RWA Tokenization Market Potential</h2>Real-World Assets (RWA) tokenization is becoming a trend in the crypto and blockchain industry. McKinsey recently noted that the market for assets that are tokenized could reach USD 4 trillion by 2030 in an optimistic scenario.&nbsp;&nbsp;Mantra Chain and MAG Group are at the forefront of real estate asset tokenization innovation with a USD 500 million tokenization project. By offering more transparent and liquid investment opportunities, this project is expected to attract global investor interest.&nbsp;&nbsp;<h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">How to Buy Crypto with Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Cara_Beli_Crypto_di_Bittime_8a66f330dc.jpg" alt="Cara Beli Crypto di Bittime" width="776" height="273"></a><meta charset="utf-8">You can buy and sell crypto assets in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?cn=400001">&nbsp;Bitcoin (BTC)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?cn=400001">&nbsp;Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?cn=400001">&nbsp;Solana (SOL)</a>&nbsp;price and other cryptos to find out today's crypto market trends in real-time on Bittime.

MANTRA Chain Mainnet Launches as Key to Real-World Asset Tokenization

MANTRA Tokenize $500 Million Real Estate Assets With UAE

Mantra Chain to Tokenize $500 Million Assets from MAG Group