TechFlow news — On January 14, JP Mullin, co-founder of MANTRA, announced a corporate restructuring, including a reduction in team size. This restructuring primarily affects support roles in business development, marketing, and human resources.
Mullin stated that from 2024 through the first quarter of 2025, MANTRA made significant investments in real-world asset tokenization, blockchain, and ecosystem development, establishing itself as a leading Layer 1 network for real-world assets. However, adverse events in April 2025, ongoing market downturns, increased competition, and shifting market dynamics have rendered its cost structure misaligned with current realities.
To improve capital efficiency, MANTRA plans to adopt a leaner operating model by 2026, focusing resources and efforts on core business execution. The company has already taken steps such as cutting non-essential expenses and optimizing processes, but workforce reductions are still necessary to align operations with its future trajectory.
