The Mantra blockchain network has announced the establishment of a $108,888,888 ecosystem fund.
The Mantra blockchain network has announced the establishment of a $108,888,888 ecosystem fund aimed at promoting the development of real-world asset (RWA) tokenization and decentralized finance (DeFi) projects.
This initiative, known as the Mantra Ecosystem Fund (MEF), will focus on supporting high-potential blockchain startups globally over the next four years.
In an April 7 announcement, Mantra stated that the fund will adopt an “open-arms policy,” welcoming projects at all developmental stages. CEO John Patrick Mullin emphasized Mantra’s goal of investing in top-tier teams working on RWA and DeFi applications, as well as the necessary infrastructure to enhance the broader ecosystem.
The launch of the MEF coincides with a notable increase in institutional interest in RWAs, which some investors consider a safeguard against market volatility.
Recent data from RWA.xyz reported that the total market capitalization of tokenized RWAs reached approximately $19.6 billion in early April, growing from $17 billion in February.
Mantra's fund is backed by a diverse group of institutional partners, including Laser Digital, Shorooq, Brevan Howard Digital, Valor Capital, Three Point Capital and Amber Group. This financial backing comes as the demand for stable, asset-backed digital products continues to rise amid economic uncertainty.
Additionally, the fund’s introduction follows Mantra’s recent achievement of becoming the first DeFi platform to secure a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA).
As institutional players like BlackRock show increasing interest in the RWA sector—evidenced by a significant rise in its USD Institutional Digital Liquidity Fund—Mantra aims to position itself as a key player in the evolving landscape of tokenized assets.
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