Outside Source
MANTRA has launched RWAccelerator, a startup program backed by Google Cloud, to support projects in tokenizing real-world assets with funding, mentorship, and AI support.
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. Backed by Google Cloud, the program targets projects in real estate, finance, and alternative assets that are exploring RWA tokenization. Participants can choose from three tracks: infrastructure, tokenization, and DeFi. Selected startups will gain access to Google Cloud resources, including cloud credits, technical support, and workshops.
Applications for the first intake are open until March 20, with selected participants notified by April 1. 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. “With support from Google Cloud, this RWAccelerator will allow startups to reach new heights and significantly contribute to the wider Web3 community.”
The RWAccelerator arrives at a crucial moment for the RWA sector. According to the World Economic Forum, approximately 10% of global GDP—around $10 trillion—could be stored on blockchain networks by 2027. Moreover, the Boston Consulting Group projects that tokenized assets could represent a US$16 trillion market by 2030.
RWAs and MANTRA
Real-world assets are physical or intangible assets like real estate, commodities, bonds, and art. These assets are usually managed in traditional financial systems, which limit their access and liquidity. Tokenization allows these assets to be represented digitally on a blockchain, changing how they are owned, traded, and managed.
MANTRA is a Layer 1 blockchain designed to tackle the key challenges of RWA tokenization by focusing on security, compliance, and scalability. It enables seamless asset transfers across different blockchains using the Inter Blockchain Communication Protocol, helping to reduce liquidity fragmentation.
To ensure trust and regulatory adherence, MANTRA integrates compliance tools such as KYC verification, AML protocols, and transaction monitoring. Built with the Cosmos SDK, its modular architecture provides a flexible and scalable foundation for managing complex RWAs. The network operates on a Proof-of-Stake validator system with Byzantine-Fault-Tolerant consensus, ensuring fast, secure, and efficient transactions.
Governance on MANTRA is decentralized, allowing token holders (OM holders) to participate in key decisions about network updates and improvements.
At the time of writing, MANTRA’s token OM is priced at $7.37, down by $1.82 in the last 24 hours. However, it’s up by 27% and %106 on the weekly and monthly timeframes respectively, according to Coinmarketcap.
This article first appeared at crypto.news
