MANTRA partners with Libre Capital to facilitate tokenized money market funds

MANTRA has teamed up with Libre Capital, a tokenization platform based in the United Arab Emirates, to promote the adoption of tokenized real-world assets. Through their partnership, MANTRA and Libre Capital will offer on-chain funds to institutional and accredited users of MANTRA. The collaboration will utilize MANTRA’s purpose-built RWA blockchain and Libre’s tokenization and issuance capabilities to provide on-chain access to investment opportunities in hedge funds, money market funds, and private credit funds. Eligible institutional investors will be able to access the on-chain funds through Libre’s decentralized applications deployment called “Libre Gateway DeFi dApps.” This integration will enable users on the MANTRA platform to benefit from a collection of tools and treasury management capabilities, while Libre explores the RWA-specific infrastructure offered by MANTRA’s layer-1 blockchain network. MANTRA Chain recently launched its mainnet and partnered with Google Cloud to strengthen its real-world assets market through an accelerator program, set to launch in the first quarter of next year.