Mantra and Damac sign $1B deal to tokenize Middle Eastern assets
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 09 2025Partnership Announcement: Mantra has signed a $1 billion agreement with Damac Group to tokenize its extensive asset portfolio, aiming to enhance transparency and security through blockchain technology in the Middle East.
Future of Tokenization: Mantra's CEO predicts that tokenization will become a key trend, allowing institutions to invest in real-world assets on-chain, potentially leading to a significant increase in the value of tokenized assets by 2025.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
