TechFlow reports that RWA L1 protocol MANTRA has announced its application for the first batch of financial licenses, with approval expected in the UAE, marking a step toward mainstream adoption of real-world asset (RWA) tokenization.
Their Layer 1 blockchain, MANTRA Chain, aims to facilitate the issuance and trading of RWAs, attracting global financial institutions and enterprises to participate.
The CEO stated that they are committed to building a secure and compliant RWA tokenization ecosystem and will launch the first RWA-dedicated Layer 1 on Cosmos.
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