Mantra Partners With DAMAC Group For $1 Billion Asset Tokenization

According to Foresight News, CoinDesk reports that Layer 1 blockchain platform MANTRA has announced a partnership with the UAE-based real estate conglomerate DAMAC Group. This agreement will see MANTRA tokenize assets worth at least $1 billion by early 2025. The initiative aims to enable investors to fund DAMAC's diverse portfolio, which spans real estate development, hospitality, and data centers.