• MANTRA Chain launches the MANTRA Ecosystem Fund (MEF), a USD 108 million initiative to foster blockchain innovation.
• MEF aims to invest in high-potential blockchain projects, focusing on real-world asset (RWA) tokenization and DeFi evolution.
• The fund partners with global investors, incubators, and accelerators to support innovation and expand the MANTRA ecosystem.

MANTRA

What happened? MANTRA Chain announced the launch of the MANTRA Ecosystem Fund (MEF) which is a USD 108 million investment initiative. It is designed to accelerate the growth and adoption of projects within the MANTRA ecosystem. 

Who are they? MANTRA Chain is a layer 1 blockchain purpose-built for tokenized real -world assets (RWAs). 

“In an era where blockchain technology is revolutionizing finance, the MEF will serve as a catalyst for groundbreaking projects that drive real-world adoption through a focus upon the tokenization of real world assets.” said John Patrick Mullin, CEO and founder of MANTRA.  

MEF 

What will they do with the funds? MEF aims to deploy exactly USD 108,888,888 million over the next four years. This is to support high-potential blockchain projects globally. Furthermore, the MEF will serve as a growth engine that provides capital to startups alongside global investment firms. 

Additionally, MEF aims to attract and support teams innovating with RWA tokenization. The fund seeks to foster projects at any development stage including those that are chain agnostic. Furthermore, it aims to foster collaboration between blockchain pioneers and investment firms to play a role in the evolution of DeFi and RWA adoption.

Investment Network The company aims to source its Investment opportunities through its network which includes incubators and accelerators, and capital partners. These include Laser Digital, Shorooq, Brevan Howard Digital, Valor Capital, Three Point Capital, Amber Group, Manifold, UoB Venture, DAMAC, Fuse, LVNA Capital, and Forte.

“By aligning with top investors and incubators, we are opening doors for visionary founders and teams to join us in building and creating a thriving ecosystem and bringing more of the world on-chain.” said John Patrick Mullin, CEO and founder of MANTRA.