MANTRA Launches Major Mainnet Upgrade
MANTRA has released a significant mainnet upgrade to advance tokenized finance. The Layer 1 blockchain, designed for real-world assets (RWAs), now supports both EVM and CosmWasm smart contracts simultaneously.
The upgrade arrives as the $16 trillion tokenization market expands. MANTRA aims to meet growing demand from institutions seeking secure and compliant blockchain solutions.
MANTRA confirmed on X that its MultiVM is live. It is the first Layer 1 blockchain to natively support EVM and CosmWasm smart contracts. The team called this “game-changing infrastructure for real world assets.”
Enhanced Compliance and Developer Access
The upgrade lets developers deploy Solidity-based dApps on MANTRA Chain without changes. They can also fork and customize DeFi protocols tailored for RWAs.
Institutions gain access to a fully EVM-compatible blockchain with built-in compliance. MANTRA Finance holds a license from Dubai’s Virtual Assets Regulatory Authority (VARA). This license covers exchange, broker-dealer, and investment services.
MANTRA enforces regulatory requirements at the protocol level. This approach offers institutions EVM accessibility with regulatory clarity, avoiding compromises.
John Patrick Mullin, MANTRA’s Founder and CEO, said, “With this EVM upgrade, we’re not just improving performance, we’re further embedding compliance into the protocol. It’s another important step toward making the future of finance more open and efficient for everyone.”
Strategic Partnerships and Upcoming Summit
- MANTRA partnered with Inveniam to build a global RWA ecosystem based in the UAE and U.S.
- The project began buying back $OM tokens to support long-term growth.
- Binance, Nansen, and Inveniam joined as network validators to enhance decentralization.
- MANTRA will host the Agentic summit on October 21-22 in Abu Dhabi, focusing on tokenization and financial innovation.
According to CoinMarketCap, MANTRA is trading at $0.209762, up 1.00% in the last 24 hours.
This upgrade combines compliance and innovation, enabling institutions and developers to scale tokenized finance securely and transparently.
