Libre Capital, a tokenization platform located in the UAE, and MANTRA want to promote the increased use of tokenized real-world assets.
Libre Capital and MANTRA established cooperation on November 4th, utilizing their respective capabilities to provide on-chain funding to MANTRA’s accredited or institutional consumers.
According to MANTRA, the partnership would make use of Libre’s tokenization and issuance capabilities in addition to its specially designed RWA blockchain.
Combined, they seek to offer on-chain access to private credit, money market, and hedge fund investing options.
The release states that qualifying institutional investors can access the on-chain funds on MANTRA through a new integration.
Libre’s decentralized application deployment, known as “Libre Gateway DeFi dApps,” will be used for this.
Libre implements this function on integrated chains, providing compliant access to premium tokenized money market funds and other resources. According to MANTRA’s co-founder and CEO, John Patrick Mullin:
With the addition of protocols like the Libre Gateway, MANTRA can better equip users with a best-in-class collection of tools to continue to grow the real-world asset economy.”
Libre Gateway’s interface with MANTRA Chain gives customers of the L1 platform access to treasury management capabilities, among other advantages.
Dr. Avtar Sehra, the founder and CEO of Libre, stated that the company will investigate the RWA-specific architecture provided by the layer-1 blockchain network.
In addition to launching its mainnet in October, MANTRA Chain recently partnered with Google Cloud, an infrastructure and validator provider.
One of the partnership’s objectives is to use an accelerator program to support MANTRA’s real-world assets market. The RWA accelerator program will launch in the first quarter of the next year.
