Mantra Partners with UAE Real Estate Giant Damac to Tokenize $1B in Assets

Description

In a groundbreaking collaboration, Mantra (OM) , a layer-1 blockchain platform specializing in real-world asset tokenization , has partnered with Damac Group , a leading Dubai-based property developer, to tokenize $1 billion in assets . This partnership, starting in early 2025, will cover Damac’s diverse portfolio, including real estate, hospitality, and data centers, according to CoinDesk . The initiative aims to make investments in Damac’s assets more accessible and efficient by leveraging blo...