MANTRA Blockchain Partners with DAMAC to Tokenize $1 Billion in Real Estate Assets

Reported 2 days ago

MANTRA Blockchain has signed an agreement with UAE-based property firm DAMAC Group to tokenize at least $1 billion of its assets, aiming to modernize investment processes and enhance accessibility for retail and institutional investors. The specifics regarding which DAMAC properties will be tokenized will be announced soon, with offerings expected to launch in early 2025. This initiative reflects a growing trend towards the tokenization of real-world assets, providing secure and transparent investment opportunities.

Source: YAHOO

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