🚨 BREAKING: Days After $20B Trump Partnership, DAMAC Group Signs Historic $1B Blockchain Deal with MANTRA
In a landmark move for RWA tokenization, DAMAC Group, led by Hussain Sajwani, the man behind Trump's $20bn data center plan, will bring its premium portfolio of real estate, hospitality & data centers onchain, exclusively on MANTRA Chain.
The deal validates MANTRA's position as the go-to Layer-1 for institutional RWAs, following their successful mainnet launch in October. DAMAC's assets will be available for tokenized investment starting early 2025.
This isn't just another partnership - it's the largest RWA tokenization deal in crypto history. DAMAC, known for luxury developments across the UAE, is essentially bridging the $1T+ Middle Eastern real estate market to blockchain.
"This partnership is an endorsement for the RWA industry," says JP Mullin (MANTRA CEO).
Key implications:
First $1B+ real estate tokenization deal
Institutional validation of RWA thesis
Opens Middle Eastern market to global investors
Sets new standard for real-world adoption
$OM continues to dominate the RWA narrative, now with real institutional backing.
See you at $8 now by Q1.