MANTRA and Laser Digital Nomura Join Forces for Tokenization in the Middle East and Asia
- Market
- May 24, 2024
- RWA.Media
MANTRA, the leading Tier 1 blockchain solution focused on Real World Assets (RWAs), has received a critical investment from Nomura's digital assets division, Laser Digital. This partnership aims to position MANTRA as the leading blockchain solution for RWAs in the Middle East and Asia.
Collaboration with Laser Digital is expected to significantly enhance MANTRA's RWA tokenization capabilities. Laser Digital's strong presence in the Middle East, backed by licenses from the Dubai Virtual Asset Regulatory Authority and the Abu Dhabi Global Market Financial Services Regulatory Authority, provides a solid foundation for this strategic partnership.
“We are pleased to support MANTRA's journey to break new ground in RWA and digital finance,” said Jez Mohidin, CEO of Laser Digital.
John Patrick Mullin, CEO and co-founder of MANTRA echoed this enthusiasm, calling the investment a powerful affirmation of MANTRA's vision. He emphasized that Laser Digital's financial backing and extensive experience in the financial sector will be critical to expanding MANTRA's presence in the RWA market.
MANTRA's goal is to make real-world tokenized assets more accessible. As a regulation-ready blockchain platform, MANTRA targets the $16 trillion RWA economy by offering a permissionless blockchain with advanced technology modules, compliance mechanisms, and cross-chain interoperability. This makes MANTRA a perfect fit for Laser Digital, whose business spans trading, asset management, and venture capital projects aimed at redefining digital finance through flexibility and innovation.
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The combination of MANTRA's advanced blockchain technology with Laser Digital's financial acumen and market presence unlocks the potential of the vast RWA economy and strengthens MANTRA's position as a leader in digital finance innovation.