MANTRA – The Layer 1 for RWA Tokenization

Why you should listen

The Mantra team noticed a gap in the Cosmos ecosystem: there was no blockchain geared towards ensuring regulatory compliance for various real-world assets (RWA) and tokenized assets. They believe that creating a “regulated digital asset chain” would bring about an innovative protocol, appealing to users from diverse backgrounds who prioritize regulatory compliance and safety over current crypto participants.

Mantra is building a platform enabling the conversion of real-world assets into tradable digital tokens, known as tokenization. By tokenizing an asset, its ownership is transferred into a digitally issued token, allowing easy trading of assets like art, commodities, or real estate. These tokens are issued through secure offerings called Security Token Offerings (STOs) and can be exchanged on regulated secondary markets like Mantra Chain’s decentralized exchange (DEX), ensuring Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance.

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2024-04-12 04:46