Bitcoin $93,901 price recently dropped to a daily low of $91,800, causing declines in altcoins. Yet, those focused on long-term agreements continue to push forward. Today, MANTRA and DAMAC signed a significant agreement, marking a crucial step in the RWA sector.
MANTRA and DAMAC Join Forces
An agreement has been signed between the UAE-based real estate holding company DAMAC Group and the smart contract network MANTRA. This transaction entails the tokenization of a $1 billion real-world asset, aiming to facilitate access for both individual and institutional investors through asset tokenization.
The process of property tokenization is set to commence this year. The concept of moving real estate, commodities, funds, and securities to the
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