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DAMAC, MANTRA and Blockchain
MANTRA Blockchain to Tokenize $1B of Real-World Assets for UAE-Based Property Firm DAMAC
The deal will allow token-based financing of DAMAC's wide range of portfolio companies that includes real estate development, hospitality and data centers.
Mantra and Damac Group ink $1 billion deal to tokenise real world assets
Mantra, a purpose-built layer 1 blockchain for tokenised real-world assets (RWAs) has signed a $1 billion agreement with Dubai-based Damac Group to tokenise assets in the Middle East. The collaboration will enable token-based financing for a diverse range of assets within the group’s extensive portfolio of companies,
Dubai developer DAMAC signs $1 bln deal with blockchain platform MANTRA
MANTRA, a blockchain platform focused on real-world assets (RWAs), has signed a deal with Dubai developer DAMAC Group to tokenise assets in the Middle East worth at least $1 billion, the two firms said on Thursday.
Mantra and Damac sign $1B deal to tokenize Middle Eastern assets
Mantra, a blockchain built for tokenized real-world assets (RWAs), signed a $1 billion agreement with Damac Group, an investment conglomerate, to enable token-based finance in the Middle East. Damac,
MANTRA Blockchain Fuels $1B Asset Tokenization for UAE’s DAMAC Ventures
Ethereum’s foundational role bolsters tokenization efforts, complementing the UAE’s vision as a global crypto hub.
MANTRA Partners with DAMAC for $1B Asset Tokenization Deal
MANTRA partners with DAMAC for a $1B asset tokenization deal. It expands blockchain technology in real estate and investment opportunities.
MANTRA and DAMAC Group Sign $1 Billion Tokenization Agreement
MANTRA and DAMAC Group partner to tokenize $1B of DAMAC's assets, including real estate, hospitality, and fashion, on the MANTRA blockchain.
Layer-1 Blockchain MANTRA to Tokenize $1B RWA for UAE-Based DAMAC Group
DAMAC Group will leverage MANTRA blockchain to tokenize its diverse range of assets within the group's portfolio of companies.
UAE DAMAC Group to tokenize $1billion worth of assets
UAE conglomerate DAMAC Group, with investments in property development, hospitality, and data centres, has announced plans to tokenize $1 billion worth of its assets for financing purposes in early 2025.
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