Just as we thought investments in crypto and blockchain technologies couldn’t get any bigger, DAMAC & MANTRA seem to have set the bar higher.

Think of MANTRA as a powerful layer-1 blockchain that brings real-world assets to life through tokenization.

In a press conference dated 9^th January 2025, MANTRA announced that it has entered into an agreement with the UAE-based property conglomerate DAMAC group to bring in at least $1 Billion of their assets to the blockchain rails.

DAMAC is no stranger to blockchain and crypto innovation. In 2022, DAMAC began accepting Bitcoin (BTC) and Ether (ETH) for property payments, supporting the UAE’s crypto hub goals. Its collaboration with MANTRA further advances its blockchain adoption and regional investment opportunities.

𝗕𝗥𝗘𝗔𝗞𝗜𝗡𝗚: MANTRA and DAMAC Group @DAMACOfficial Revolutionize Tokenized Real-World Assets with US$1 Billion Deal.#MANTRA and #DAMAC Group will collaborate to enable token-based financing for a diverse range of assets, spanning real estate, hospitality, data centers,… pic.twitter.com/AblEjLgoWH

— MANTRA | Mainnet Live (@MANTRA_Chain) January 9, 2025

The RWA Market Is Set To Grow Exponentially This Decade

Turning real-world assets into digital tokens on the blockchain is becoming a major trend worldwide. This process, called tokenization, takes real world assets and converts them into digital tokens that represent ownership. Big institutions and governments are exploring tokenization to speed up transactions, cut costs, and open up investments to the masses.

This move is right in line with DAMAC’s vision to shake up real estate investing in the Middle East. They’re excited to open the doors to fractional ownership—this is a fantastic opportunity for anyone who has felt shut out of high-value assets in the past.

Experts are excited about the potential. According to reports from McKinsey, BCG, 21Shares, and Bernstein, the market for tokenized real-world assets could explode into the trillions of dollars by the end of this decade. It’s not just a buzzword anymore—it’s shaping up to be the future of how we own and invest in things.

Explore: Best RWA Projects: Real World Assets Cryptos to Watch!

The Tokenised Properties Will Be Made Available Early 2025

In the coming weeks, we’ll learn exactly which DAMAC properties will be tokenized and the details of the offerings. Excitingly, these tokenized investments are gearing up to launch in early 2025!

The deal opens the door for investors to support DAMAC’s ventures in real estate, hospitality, and data centres. Tokenizing assets aims to simplify investing while making it more accessible for both everyday investors and big players.

“Tokenizing our assets will provide investors with a secure, transparent and convenient way to access a wide range of investment opportunities,” Amira Sajwani, managing director of DAMAC, said in a statement.

Explore: $500 Million Worth Dubai Real Estate To Be Tokenized, MAG Group And Mantra Chain Join Forces

MANTRA Making Big Moves In The Middle East

MANTRA is aiming to bring a mix of traditional financial assets into the blockchain world.

Earlier this year, the company announced plans to tokenize $500 million worth of assets from Dubai-based real estate giant MAG Group. This comes on the heels of MANTRA’s mainnet launch in October.

Explore: $500 Million Worth Dubai Real Estate To Be Tokenized, MAG Group And Mantra Chain Join Forces

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