The Mantra Blockchain Network has launched a $ 108,888,888 ecosystem fund aimed at accelerating the growth of real-world assets (RWA) tokenization and decentralized finance (DEFI), amid rising demand for stable, back-back-back digital products.
Mantra, a Layer-1 (L1) Blockchain Built for tokenized RWAs, the Mantra Ecosystem Fund (MEF) launched to accelerate the growth and adoption of projects and startup buildings on its network, according to an April 7 announcement shared with Cointelegraph.
Mantra said it will put capital in the next four years into “high potential blockchain projects” worldwide, with investment opportunities through the network of Mantra’s partners. Fund supporters include a wide range of institutional partners including laser digital, Shorooq, Brevan Howard Digital, Valor Capital, Three Point Capital and Amber Group.
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Mantra CEO John Patrick Mullin said the fund will run an “open-armpit policy, accepting projects at any stage of development worldwide with a particular focus on RWA and Defi.” Mullin said to cointelegraph:
“The thesis of the MEF is to invest in top-tier teams building RWA and DEFI applications, as well as complementary infrastructure, both directly and indirectly supporting the wider ecosystem.”
Mantra aims to be the underlying layer of infrastructure for tokenized issues worldwide, Mullin said.
Source: Mantra
Fund launch comes a month after the mantra became the first defi platform to Get a Virtual Asset Service Provider (Vasp) License under Dubai’s Virtual Assets Regulatory Authority (VARA).
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Investor demand is growing for RWWA
The timing of the launch of the funds aligns with the growing interest of the institutional institution in RWAs, which some see as a fence against the volatility of the crypto market and greater economic uncertainty.
Global fear and uncertainty around President Donald Trump’s tariffs affecting the investor’s feelings throughout the market.
Despite a broader market collapse triggered by concerns related to US tariffs, tokenized value Rwas recently moved forward with a high record. According to data from RWA.xyz, total RWA market capitalization reached More than $ 19.6 billion to early April, from $ 17 billion in early February.
RWA Global Market Dashboard. Source: Rwa.xyz
Industry observers previously told cointelegraph that the lack of reversed Bitcoin momentum could drive RWW in a $ 50 billion high time before the end of 2025.
The largest world owner manager, Blackrock, also signed support for the RWA space.
Blackrock Buidl Capital chain deployed. Source: Token Terminal, Leon Waidmann
USD Institutional Digital Liquidity Fund of Blackrock (Buidl) Saw more than three-fold increases In three weeks leading until March 26, from $ 615 million to $ 1.87 billion.
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