OM Token Defies Market Downturn as MANTRA Unveils $108M Real-World Asset Ecosystem Fund
While the broader crypto market faces widespread selloffs, MANTRA's native token OM is bucking the trend — emerging as the only top-30 altcoin to post gains in the last 24 hours. The surge comes on the heels of MANTRA’s bold announcement: a $108,888,888 Ecosystem Fund designed to supercharge innovation in the real-world asset (RWA) sector over the next four years.
MANTRA Bets Big on RWA Tokenization
MANTRA, a Layer-1 blockchain purpose-built for asset tokenization, is doubling down on its RWA ambitions. Since its mainnet debut in 2024, the project has made significant strides in forging partnerships and laying the groundwork for large-scale asset tokenization.
Now, with the launch of the MANTRA Ecosystem Fund (MEF), the platform is positioning itself as a launchpad for next-generation RWA initiatives. According to CEO and co-founder John Patrick Mullin, the fund aims to “serve as a catalyst for groundbreaking projects that drive real-world adoption through the tokenization of real-world assets.”
In a press release shared with BeInCrypto, Mullin emphasized the importance of fostering a vibrant ecosystem of visionary builders, backed by a strong network of partners and investors.
Regulatory Milestones Strengthen Position
Adding to the momentum, MANTRA recently secured a Virtual Asset Service Provider (VASP) license in Dubai, a move that significantly enhances its ability to offer regulated crypto exchange, brokerage, investment, and management services. This regulatory approval paves the way for the platform to directly facilitate RWA investments — a critical capability as institutional interest in blockchain-based asset tokenization continues to grow.
OM Token Stands Out Amid Crypto Volatility
Amid broader market volatility — triggered in part by geopolitical tensions and renewed U.S. tariff fears — OM has stood out as a rare gainer. While many cryptocurrencies tumbled alongside global equities, OM surged over 2% in the past 24 hours, securing its spot among the day’s top five performers.
Investor confidence appears to be growing, fueled by MANTRA’s proactive approach to ecosystem development and its long-term vision for the RWA space.
What’s Next for MANTRA?
Currently, MANTRA's total value locked (TVL) sits at a modest $4.2 million, according to DeFiLlama. However, the injection of over $108 million into its ecosystem could dramatically accelerate adoption and attract more RWA-focused projects to its chain.
The fund is expected to boost network participation, attract fresh talent, and solidify MANTRA’s role as a major player in the rapidly expanding asset tokenization market.