- MANTRA has achieved EVM compatibility for its tesnet.
- The tokenization platform aims to launch its mainnet in September.
- OM rebounded slightly following recent activities within the MANTRA ecosystem.
MANTRA, the layer-one blockchain designed for real-world asset (RWA) tokenization, has achieved another milestone after its testnet achieved EVM compatibility. The latest achievement has set the stage for MANTRA’s mainnet launch, targeted for next month, September 2025.
In its latest update, the MANTRA team highlighted the various improvements it has made on the MANTRA Chain recently, noting its plans for the future and other features it aims to deploy on the RWA tokenization platform.
In its latest update, the team reiterated that its ultimate goal is to bring the world’s financial ecosystem onto the blockchain.
MANTRA prepares for increased mainstream adoption
It is worth noting that MANTRA has recently embarked on a series of ecosystem updates and partnerships, enhancing the project and preparing it for increased mainstream adoption and implementation.
The tokenization platform has partnered with Inveniam, a global leader in decentralized data infrastructure. According to MANTRA, the partnership with Inveniam will create a channel for private market assets.
Following an agreement between MANTRA and Inveniam, the latter invested $20 million in the tokenization platform, which the MANTRA team intends to channel toward product enhancement. MANTRA aims to deliver private real-world assets (RWAs) packaged with real-time asset reporting and surveillance to DeFi and institutional capital allocators.
MANTRA’s recent partnerships boost OM’s price
Recently, MANTRA added Binance to its mainnet as a validator. That event highlighted the blockchain project’s move to enhance the network’s security and decentralization. Binance’s addition, alongside other significant achievements by MANTRA, marks a busy period for the crypto project, which suffered a massive setback after the platform’s ecosystem token, OM, crashed by almost 92%.
Binance news. The Binance partnership was a huge deal. Here’s our full report on when they joined as a validator.
OM is showing early signs of a potential rebound, and crypto analysts think that the MANTRA team’s efforts are in the right direction.
The partnerships with Inveniam and Binance triggered a slight rally in OM’s price, which gained nearly 35% in the past week before succumbing to a general crypto market pullback in the last 48 hours.
The comeback story. This recovery is even more impressive when you know how bad things got. Here’s the story of the recovery plan after OM’s 92% crash.
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