Mantra, the Layer 1 blockchain for real-world assets (RWA), recently confirmed it had raised $11 million to enhance its objective of enabling “RWA tokenization that can operate at scale.” The round was led by venture and technology investor Shorooq Partners, with participation from Three Point Capital, Forte Securities, Virtuzone, Hex Trust, Gamefi Ventures, Caladan, Token Bay Capital, Blackpine, Mapleblock, and Fuse Capital. According to a statement, Mantra aims to build an infrastructure that is regulatory compliant and adheres to global standards. The funds will also be used to provide developers with the tools they need to create RWA protocols and to expand the tokenization of these assets.
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