Layer-1blockchainMANTRAandUnitedArabEmirates-basedtokenizationplatformLibreCapitalaimtodrivefurtheradoptionoftokenizedreal-worldassets

OnNov.4,MANTRA(OM)andLibreCapitalannouncedapartnershipleveragingtheircombinedstrengthstoofferon-chainfundstoMANTRA’sinstitutionaloraccreditedusers.

MANTRAstatedthatthecollaborationwoulduseitspurpose-builtRWAblockchainalongwithLibre’stokenizationandissuancecapabilities.Together,theyaimtoprovideon-chainaccesstoinvestmentopportunitiesinhedgefunds,moneymarketfunds,andprivatecreditfunds.

Accordingtodetailsintheannouncement,anewintegrationiswhatwillhelpeligibleinstitutionalinvestorsaccesstheon-chainfundsonMANTRA.ThiswillbeviaLibre’sdecentralizedapplicationsdeploymentdubbed“LibreGatewayDeFidApps”.

Libredeploysthisfeatureonintegratedchains,allowingaccesstotop-tiertokenizedmoneymarketfundsandothersinacompliantway.

JohnPatrickMullin,co-founderandchiefexecutiveofficerofMANTRAsaid:

“WiththeadditionofprotocolsliketheLibreGateway,MANTRAcanbetterequipuserswithabest-in-classcollectionoftoolstocontinuetogrowthereal-worldasseteconomy.”

MANTRAChain’sintegrationofLibreGatewayallowsvariousbenefitsfortheL1platform’susers,includingaccesstotreasurymanagementtools.LibreontheotherhandwillexploretheRWA-specificinfrastructurethatthelayer-1blockchainnetworkoffers,Dr.AvtarSehra,founderandchiefexecutiveofficerofLibre,noted.

MANTRAChainlauncheditsmainnetinOctoberandrecentlypartneredwithGoogleCloud,whichisavalidatorandinfrastructureprovider.OneofthegoalsofthepartnershipistobolsterMANTRA’sreal-worldassetsmarketviaanacceleratorprogram.

TheRWAacceleratorprogramwillgoliveinthefirstquarterofnextyear.

crypto.news