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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, Damac enter $1bn tokenised real-world assets deal
Mantra, a purpose-built layer 1 blockchain for tokenised real-world assets (RWAs) has signed a $1 billion agreement with Damac Group, a prominent investment conglomerate with a diversified portfolio that spans key sectors such as real estate, hospitality, data centres, and more, to tokenise assets in the Middle East.
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, DAMAC Group Ink US$1 Billion Deal To Tokenize Assets
MANTRA, a purpose-built layer 1 blockchain for tokenized real-world assets (RWAs), has signed a US$1 billion agreement with the Dubai-headquartered investment conglomerate DAMAC Group to tokenize asse
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.
MANTRA seals $1b RWA deal with UAE-based DAMAC Group
Tokenized real-world assets platform MANTRA has struck a notable $1 billion agreement with DAMAC Group, a top investment conglomerate in the Middle East. On Jan. 9, the L1 blockchain announced that it had sealed the $1 billion deal in a collaboration that will see the partners tokenize assets in the region.
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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