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Mantra Chain to tokenize $500 million worth of assets of Dubai property developer MAG Group
Mantra Chain will tokenize $500 million worth of assets from Dubai real estate developer MAG Group. The project will tokenize the assets in multiple batches, with the first batch of tokens to include a residential project, Keturah Reserve, built by MAG in Meydan, Dubai. Investors will earn through the stablecoin and Mantra's OM token. They expect to earn 8% from the stablecoin and receive additional OM tokens. According to data from CoinMarketCap, at the time of writing, OM was trading at 84 cen...
2024-07-03 07:32:40
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