Summary
- MANTRA announced plans to transfer assets worth $1 billion to the blockchain in collaboration with UAE real estate company DAMAC.
- Details and specifications will be announced in the coming weeks.
- Asset trading is expected to be available from early this year.
Layer 1 (L1) blockchain focused on tokenized assets (RWA), MANTRA (OM), has announced a collaboration with UAE real estate giant DAMAC.
According to a report by CoinDesk on the 9th (local time), MANTRA plans to transfer assets worth at least $1 billion to the blockchain through its partnership with DAMAC.
A spokesperson for MANTRA explained, "Details of the real estate to be tokenized and the specifications to be provided will be announced in the coming weeks, and asset trading is expected to be available from early this year."
YM Lee
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