Real-world asset (RWA) tokenization platform, MANTRA (OM) has spiked over 50% in the past 7 days with it hitting a new all-time high of $5.87 on 31st January.

The spikes in OM price follows MANTRA’s recent partnership with Dubai’s luxurious real-estate firm DAMAC Group. Under this deal, both the firms will collaborate to enable token based financing for assets in the real estate sector.

As per Coinmarketcap data, OM is currently trading near $5.30, up 20% and its trading volume has spiked over 160% 24 hours.