MANTRA Chain obtains VARA VASP license and launches real asset tokenization acceleration plan, supported by Google Cloud

Recently, MANTRA Chain officially announced that the project has made multiple progress. Firstly, it has obtained the VASP license issued by the UAE Virtual Asset Regulatory Authority (VARA), paving the way for its global expansion and tokenization of real-world assets (RWAs) in the Middle East. This license will help MANTRA Chain promote the blockchain tokenization of assets such as real estate and art in the UAE, while expanding its business influence in the Middle East market.

 

On the same day, MANTRA Chain also announced the launch of an acceleration plan for RWAs tokenization startups, with technical support from Google Cloud. The plan aims to attract global startups to participate in the ecological construction of MANTRA Chain, promote the blockchain application of real assets by providing technical resources, infrastructure support, and market expansion opportunities. MANTRA Chain stated that the acceleration plan will use Google Cloud's Cloud Service service to enhance the scalability and security of the project, and provide a more stable foundation for the bridge between traditional finance and blockchain. Multiple progress agreements reflect MANTRA Chain's strategic layout in the field of blockchain infrastructure and real asset tokenization, as well as its deep cooperation with tech giants.