MANTRA Chain Partners with Nansen as a New Validator

The recent announcement of MANTRA Chain partnering with blockchain analytics firm Nansen as a new validator has caught the attention of the industry.

MANTRA Chain, the Layer-1 network known for its Real World Asset (RWA) tokenization, has further strengthened its position in the industry with a VASP license from Dubai’s VARA regulator.

As part of broader efforts to diversify its validator setup, MANTRA Chain is now welcoming renowned blockchain analytics firm Nansen as a new validator.

This partnership is a significant addition to the network’s security and will bring greater transparency to the dynamics of the MANTRA ecosystem.

Nansen, widely recognized for its accurate on-chain dashboards and whale wallet data, will now be directly involved in maintaining blockchain consensus for the network.

With Nansen’s unique capabilities, the goal is to launch a dedicated analytics dashboard that will provide even deeper insights into token flows and user activity on MANTRA Chain.

This strategic move showcases how MANTRA is focusing on building a strong foundation amidst the fierce competition in the crypto market.

Announced on April 30, 2025, by CEO John Patrick Mullin, the aim is to reduce the number of internal validators by half and add 50 external validators by the second quarter of this year.

This will decrease internal dominance and distribute network control more widely.

To show his commitment, Mullin stated that he will be burning 150 million of his own OM tokens and plans to burn another 300 million OM tokens originally earmarked for the team.

This move is intended to restore investor confidence in the project.

Moreover, the integration of Ecosystem Funds for token buybacks and burns is part of a broader strategy to improve the questionable tokenomics that has been a subject of discussion.

In a move to support cross-chain adoption, MANTRA Chain has recently launched two new features: One-Way Bridge and Mirror Bucket.

The former allows for the non-reversible transfer of assets between chains, while the latter will reflect assets in real-time across multiple chains.

This means that cross-chain traders can now transfer assets without the risk of slippage, and the same asset will be updated on different chains.

This is a significant development, as it is the first time that a protocol will be able to maintain multiple instances of the same asset across different chains without data duplication.

This will be a new era for efficient cross-chain transactions and the exchange of digital assets.

These two features are part of MANTRA Chain’s broader efforts to expand its offerings and provide innovative solutions to meet the needs of a dynamic and evolving market.

With its latest partnership with Nansen and ongoing innovations in cross-chain transactions, MANTRA Chain continues to push boundaries and set new standards in transparency and security in the blockchain ecosystem.