MANTRA, a leading Layer1 Blockchain has launched RWAccelerator to drive innovation in the tokenization of real-world assets.
The launch, made just an hour ago during the ongoing Consensus 2025 in Hong Kong, was made by MANTRA CEO John Patrick Mullin along with Rich J. Widmann who is the Global Head of Strategy for Google Cloud at Web3.
Tapping at the growing industry of RWA Assets with current market cap of $38.7 mn, the launched program of RWAccelerator will work towards supporting developers and start-ups working in the RWA domain.
Notably, the announcement after MANTRA secured the VARA Defi license on Wednesday. The license gives MANTRA the permission from Dubai’s regulatory authority to operate as a Virtual Asset exchange and provide Broker-Dealer and Investment Management services in UAE.
How will MANTRA RWAccelerator help Start-Ups and Developers?
It will offer funding to budding companies working in three domains – infrastructure, tokenization and decentralized finance (DeF
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