Posted 3/19/2024, 12:26:00 PM
MANTRA Chain Raises $11M to Build Compliant Network for Tokenized Real Estate Trading
- MANTRA Chain raised $11M to build a network for tokenizing and trading real-world assets like real estate
- The project is close to getting regulatory approval in Dubai to operate legally
- MANTRA aims to provide compliance tools for issuing and trading tokenized assets
- The network will launch on Cosmos but does not yet have a dedicated blockchain for asset trading
- MANTRA is focused on attracting crypto-native users first before expanding to traditional investors
