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MANTRA partners with UAE real estate giant MAG to tokenize $500 million in assets

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MANTRA announced its partnership with UAE real estate giant MAG on Wednesday via social media platform X, aiming to tokenize $500 million in real estate assets.

announced its partnership with UAE real estate giant MAG on Wednesday via social media platform X. This collaboration introduces new investment opportunities for tokenized real estate worth $500 million in the flourishing Middle Eastern market. On-chain data shows that new Whales have accumulated 12.92 million OM tokens, and the exchange supply has decreased.

and MAG's pivotal regional roles. MAG Lifestyle Development CEO Talal Moafaq Al Gaddah emphasized that the alliance with enables us to utilize cutting-edge blockchain technology to enhance the value and accessibility of our real estate offerings. This strategic partnership is crucial as we continue to innovate and lead in the luxury real estate sector, he said. UAE Real Estate Giant #MAG Partners with #

and MAG will collaborate to democratize access to luxury UAE real estate using secure, yield-bearing vault products backed by

 

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Mantra to Tokenize $500M Real Estate Assets for UAE Builder MAG GroupParikshit Mishra is CoinDesk's Deputy Managing Editor responsible for breaking news coverage. He does not have any crypto holdings.
Source: CoinDesk - 🏆 291. / 63 Read more »