MANTRA, a layer-1 blockchain, has partnered with DAMAC Group to bring at least $1 billion of DAMAC's assets to blockchain rails. The deal aims to streamline investment processes and increase accessibility for both retail and institutional investors by tokenizing DAMAC's portfolio companies in real estate, hospitality, and data centers. The specific assets and offerings will be announced in the coming weeks, with availability starting in early 2025. Tokenization of real-world assets is gaining traction globally as it offers operational efficiency gains and broader investor accessibility. MANTRA's focus is on the Middle East region, and its native token OM has seen significant market capitalization growth. DAMAC has been exploring blockchain and cryptocurrency usage and recently announced plans for a $20 billion investment in data centers in the US.



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