MANTRA Secures New Round of Financing on August 15, 2020
According to media reports, MANTRA completed a new round of financing on August 15, 2020. The round saw participation from Kenetic Capital, GenBlock Capital, LD Capital, Waterdrip Capital, Moonrock Capital, Master Ventures, Vendetta Capital, LK Venture, GBV Capital, and Plutus VC. To date, MANTRA has raised a total of $31 million.MANTRA aims to become the first RWA Layer 1 blockchain capable of complying with and enforcing real-world regulatory requirements. By accelerating the adoption of tokenized real-world assets (RWA), MANTRA has the potential to unlock a $16 trillion RWA economy. Leveraging the compliance framework of MANTRA Chain, traditional financial institutions can seamlessly transition to and capitalize on asset tokenization and blockchain solutions, driving global RWA growth.It is noteworthy that MANTRA’s development trajectory demonstrates sustained progress within the industry. Since the OM token was listed for trading in August 2020, MANTRA has achieved several significant milestones. In March 2024, the project secured $11 million in funding and successfully launched its mainnet in October of the same year. In February 2025, MANTRA obtained the Dubai VASP license, further strengthening its compliance standing. In April of the same year, the project announced the launch of a $108 million ecosystem fund aimed at advancing RWA and DeFi development. These accomplishments highlight MANTRA’s innovative capabilities and growth potential in the blockchain sector, particularly in the tokenization of real-world assets.
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