Mantle, a Blockchain platform that -back of Crypto Exchange Bybit, is Expansion In the fast-growing sector of the real-world asset (RWA) with a new tokenization service designed to bring traditional finances to blockchain metals
The tokenization-AS-A-Service Protocol platform, presented on Thursday in the event of token2049 in Singapore, offers a range of compliance services such as licensing, Know-Your-Customer (KYC) tools, legal structures and intelligent contract expansion, in conjunction Price discovery.
At the same time, the World Liberty Financial, the blockchain protocol with close links to President Donald Trump’s family, has also announced that it will place the $ 2 billion USD1 Stablecoin on the Mantle Network.
“RWAs are no longer a niche. With a $ 26 billion market today and trillion forecasting by 2030, institutions are racing to bring assets on-chain,” Key Mantle Advisor Emily Bao said in a press release. “The mantle builds the following infrastructure, access to liquidity, and developer programs needed to meet that head-on.”
The news came as the mantle rapidly expands beyond being an Ethereum layer-2 scaling metals on a broader crypto ecosystem. The network is now strictly embedded in the popular Bybit trade platform, which provides exposure to millions of users, and generates UR, a FinTech application aimed at breaking crypto with traditional financial services.
“Mantle is now sitting in the middle of the Bybit ecosystem,” Ben Zhou, co-founder and CEO of Bybit, said in a statement. “Together, we are building a full-stack institutional bridge from Tradfi to defi-along with the RWW in the middle.”
The native token of the network (MNT) has climbed to a fresh all-time high of $ 2, up to 4.5% over the past 24 hours. This is one of the best performance of cryptocurrency recently, getting 73% last month.
Read more: ‘Tokenization will eat the whole financial system’ says Robinhood CEO
