MANTRA will tokenize $1 billion worth of RWA assets for the UAE real estate company DAMAC

MANTRA has reached an agreement with DAMAC Group, a real estate group headquartered in the UAE, to tokenize at least $1 billion in assets. DAMAC's business covers areas such as real estate development, hotels and data centers, and the company has accepted Bitcoin and Ethereum payments since 2022. The details of the specific tokenization project will be announced in the coming weeks.