$108 million fund launched to advance blockchain tokenisation

MANTRA Chain has unveiled the MANTRA Ecosystem Fund (MEF), a $108.8 million initiative aimed at fostering the growth of blockchain projects focused on real-world asset (RWA) tokenisation.

The fund will operate over the next four years, supporting startups and established ventures globally.

The MEF is backed by a consortium of investors and partners, including Laser Digital, Shorooq Partners, Brevan Howard Digital, Valor Capital, Amber Group, and others.

This extensive network aims to provide capital, technical expertise, and advisory support to promising blockchain projects.

Gideon Daitz from Three Point Capital will lead the fund's operations.

The fund welcomes projects at any stage of development and adopts an inclusive approach that extends beyond MANTRA’s (CRYPTO:OM) ecosystem.

"We believe in playing a non-zero-sum game where cooperation benefits the entire industry,” stated Daitz, emphasising the importance of collaboration.

John Patrick Mullin, CEO of MANTRA Chain, highlighted the transformative potential of RWA tokenisation in bridging traditional finance and blockchain technology.

“The MEF will serve as a catalyst for groundbreaking projects that drive real-world adoption through asset tokenisation,” Mullin said.

The initiative aligns with broader trends in decentralised finance (DeFi), where institutional interest in tokenisation is growing.

By integrating tangible assets like property and commodities into decentralised systems, the MEF aims to enhance financial innovation and connectivity.

MANTRA Chain’s recent acquisition of a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority further strengthens its position.

This license enables MANTRA to operate as a virtual asset exchange while offering broker-dealer and investment services.