MANTRA Receives a Strategic Investment from Nomura’s Laser Digital

Published on: 25.05.2024
MANTRA Receives a Strategic Investment from Nomura’s Laser Digital

MANTRA is excited to reveal a strategic investment from Laser Digital, the digital asset arm of financial services giant Nomura.

This investment builds on MANTRA’s recent funding round and propels them towards becoming the leading Layer 1 blockchain for Real World Assets (RWAs) in the Middle East and Asian markets.

This collaboration strengthens MANTRA’s vision of bringing finance on-chain. Laser Digital’s expertise in regulations and commitment to compliance RWA tokenization perfectly aligns with MANTRA’s goals.

A Powerful Alliance for Compliant RWAs

MANTRA has consistently demonstrated its dedication to providing RWA-focused solutions in the Middle East. Laser Digital’s established presence in the region makes them a perfect partner to support MANTRA’s growth. They already possess licenses for virtual asset brokerage and management/investment services from Dubai’s Virtual Asset Regulatory Authority, along with an In-Principle Approval from Abu Dhabi Global Market’s FSRA.

Unlocking the Trillion-Dollar RWA Market

MANTRA remains the dominant force in RWA-focused Layer 1 blockchain solutions. Their secure, scalable, and compliant infrastructure lays the groundwork for seamless and compliant RWA tokenization.

This partnership between MANTRA and Laser Digital represents a significant step forward for the global RWA market. Together, they aim to tackle key challenges that hinder mass RWA adoption, such as scalability and regulatory compliance.

About MANTRA

MANTRA aspires to be the world’s leading RWA-focused Layer 1 blockchain. Their design adheres to and enforces real-world regulations, unlocking the potential of tokenized RWAs within the $16 trillion RWA economy. As a permissionless chain, MANTRA empowers developers and institutions to participate in the evolving RWA tokenization space through a range of technological modules and compliance toolkits.

Website | Twitter

About Laser Digital

Laser Digital is a digital asset business pioneering the future of digital finance. Backed by Nomura, they offer robust and scalable opportunities across trading, asset management, and ventures. Their open and dynamic culture allows them to adapt to market needs, move swiftly to capitalize on opportunities, and share knowledge with clients and partners, ultimately fostering greater confidence in the institutional market for the benefit of all.

Website | Twitter

Source:
https://mantrachain.medium.com/mantra-secures-strategic-investment-from-nomuras-laser-digital-to-accelerate-rwa-tokenization-7e3d5e58f379

 

Market Stats:
BTC Dominance: 53.94%(-0.12%/24h)
ETH Dominance: 18.27%(-0.01%/24h)
Defi Market Cap: $88.75B(-25.58%/24h)
Total Market Cap: $2352.85B(+0.43%/24h)
Total Trading Volume 24h: $34.11B(-47.66%/24h)
ETH Market Cap: $429.89B
Defi to ETH Ratio: 20.64%
Defi Dominance: 3.59%
Altcoin Market Cap: $1083.83B
Altcoin Volume 24h: $24.6B
Total Cryptocurrencies: 30351
Active Cryptocurrencies: 10113
Active Market Pairs: 82797
Active Exchanges: 782
Total Exchanges: 8740
BTC: 64360.74$(-0.11%/1H)
ETH: 3515.88$(0.09%/1H)
AVAX: 25.88$(0.05%/1H)
BNB: 592.11$(0.04%/1H)
MATIC: 0.58$(0.29%/1H)
FTM: 0.59$(1.19%/1H)
ADA: 0.39$(0.98%/1H)
DOT: 5.78$(0.29%/1H)
UNI: 10$(0.83%/1H)
CAKE: 2.26$(0.05%/1H)
SUSHI: 0.81$(0.03%/1H)
ONE: 0.02$(0.34%/1H)