The Mantra Team also claimed that the OM price implosion was "triggered by reckless liquidations" and not related to actions undertaken by the team.

Mantra's recent tokenization initiatives in the Middle East.

In January 2025, Mantra and investment conglomerate DAMAC signed a $1 billion deal to tokenize the investment conglomerate's various assets, which include real estate, data centers, and other physical properties on the Mantra blockchain.

Mantra obtained a virtual asset service provider license from Dubai’s Virtual Assets Regulatory Authority (VARA), in February 2025.

The license allows Mantra to operate as a digital asset service provider in the United Arab Emirates (UAE), running crypto exchanges, broker-dealer services, management, and investment consulting inside the Middle Eastern country.

The expansion of Mantra's footprint in the United Arab Emirates was fueled by high demand for tokenized products from real estate investors and developers looking for new ways of funding projects and securing capital.

Near-instant finality times for tokenized real-world assets, reduced costs, and cross-border functionality are just some of the reasons investors cite for using blockchain to secure investments and aid in capital formation.#BinanceSafetyInsights #USElectronicsTariffs #BTCRebound #WhaleMovements $BTC $BNB $SOL