Mantra (OM), the first RWA Layer 1 Blockchain, has completed a successful $11 million funding round led by Shorooq Partners, a leading venture and technology investor in the MENA region.
In the announcement made by Mantra, it was stated that this investment will be used to accelerate RWA tokenization.
“We are excited to announce that MANTRA has completed an $11 million funding round led by Shorooq Partners, a leading venture and technology investor in the MENA region.
This new capital injection will significantly strengthen our mission to revolutionize Real World Asset (RWA) tokenization on a global scale.
“This strategic financing round, led by Shorooq Partners, was also attended by important names such as Three Point Capital, Forte Securities, Caladan, Virtuzone, Hex Trust, Token Bay Capital, GameFi Ventures, Mapleblock, Fuse Capital, 280 Capital.”
Following the news, the OM price, which has been rising continuously for 6 days, started to rise again.
*This is not investment advice.