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Cryptocurrency News Articles

MANTRA Launches RWAccelerator Backed by Google Cloud to Tokenize Real-World Assets

Feb 20, 2025 at 10:33 pm

MANTRA (OM), a layer 1 blockchain focused on tokenized real-world assets, has launched RWAccelerator—a startup accelerator program offering funding, mentorship, AI support, and more.

MANTRA Launches RWAccelerator Backed by Google Cloud to Tokenize Real-World Assets

Layer 1 blockchain MANTRA (OM) has launched RWAccelerator, a startup program backed by Google Cloud to support projects in tokenizing real-world assets, with funding, mentorship, and AI support.

Backed by Google Cloud, the program will support startups in the real estate, finance, and alternative assets industries that are exploring RWA tokenization. Selected projects will be offered three tracks to choose from: infrastructure, tokenization, and decentralized finance (DeFi).

Participants in the program will be granted access to Google Cloud resources, such as cloud credits, technical support, and workshops, to help them develop their startups. The program is currently accepting applications for its first intake, which will continue until March 20. Selected participants will be notified by April 1, and the second intake will open on March 20.

“This is a powerful opportunity for startups to harness cutting-edge technology and gain access to resources and mentorship,” said John Patrick Mullin, CEO of MANTRA, in a statement. “With support from Google Cloud, this RWAccelerator will allow startups to reach new heights and significantly contribute to the wider Web3 community.”

The launch of the RWAccelerator comes at a critical juncture for the real-world asset (RWA) sector. According to the World Economic Forum, approximately 10% of global GDP—about $10 trillion—could be stored on blockchain networks by 2027.

Furthermore, the Boston Consulting Group projects that tokenized assets could create a $16 trillion market by 2030.

Real-world assets and MANTRA

Real-world assets include tangible and intangible assets such as real estate, commodities, bonds, and art. These assets are typically managed within traditional financial systems, which limit their accessibility and liquidity.

However, tokenization enables these assets to be represented digitally on a blockchain, transforming the way they are owned, traded, and managed.

MANTRA is a Layer 1 blockchain designed to address the unique challenges of RWA tokenization, focusing on security, compliance, and scalability. It facilitates seamless asset transfers across different blockchains using the Inter Blockchain Communication Protocol, which helps reduce liquidity fragmentation.

To ensure trust and regulatory adherence, MANTRA integrates compliance tools such as KYC verification, AML protocols, and transaction monitoring. Built using the Cosmos SDK, its modular architecture provides a scalable and flexible foundation for handling complex RWAs.

The network operates on a Proof-of-Stake validator system with Byzantine-Fault-Tolerant consensus, enabling fast, secure, and efficient transactions.

Governance on MANTRA is decentralized, allowing token holders (OM holders) to participate in key decisions regarding network updates and improvements.

At the time of writing, MANTRA's token, OM, is trading at $7.37, down by $1.82 in the last 24 hours, but up by 27% and 106% on the weekly and monthly timeframes, respectively, according to Coinmarketcap.

Original source:crypto

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