MANTRA, a Layer-1 blockchain platform focusing on Real World Assets (RWA), has announced a strategic investment from Laser Digital, the digital asset subsidiary of Nomura, as per the info shared with Finbold on May 23.
The funding is set to propel the company towards its goal of becoming the leading RWA Layer 1 blockchain across Middle Eastern and Asian markets.
Bolstering RWA tokenization in the Middle East and Asia
The partnership brings together MANTRA’s innovative approach to blockchain technology with Laser Digital’s extensive experience in RWA tokenization.
Laser Digital’s strong presence in the Middle East is bolstered by a Virtual Asset Broker-Dealer license and a Management and Investment Services license from Dubai’s Virtual Asset Regulatory Authority, acquired in 2023.
Additionally, the company holds In-Principle Approval from the Financial Services Regulatory Authority of Abu Dhabi Global Market.
Jez Mohideen, CEO of Laser Digital, expressed enthusiasm for the collaboration, stating:
“We are excited to support MANTRA’s journey as it pioneers new frontiers in RWA and digital finance.”
John Patrick Mullin, CEO and Co-Founder of MANTRA, echoed this sentiment, highlighting the strategic importance of the partnership:
“We are incredibly excited to welcome Laser Digital as a strategic partner. Laser Digital’s investment is not just financial but an endorsement of our mission to make RWA accessible and operable through blockchain technology. Laser’s expertise and network in the financial sectors will be invaluable as we expand our technological footprint.”
MANTRA: Pioneering the future of RWA tokenization
MANTRA strives to become the world’s leading RWA L1 blockchain, designed to comply with and enforce real-world regulatory requirements.
By accelerating the adoption of tokenized RWAs, MANTRA seeks to leverage the $16 trillion RWA economy with a regulatory-ready blockchain.
As a permissionless chain, MANTRA also empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced technology modules, compliance mechanisms, and cross-chain interoperability.
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