MANTRA Launches Incubation Program to Drive Innovation and Support RWA Projects

Tuesday, 16 April 2024, 12:00

MANTRA launches an incubation program at the Dubai World Trade Center with an $11 million funding round, supporting Real World Asset (RWA) tokenization. The program will nurture nascent projects in RWA landscape by offering financial backing, licensing, and administrative services, with five standout projects receiving tailored support and a $100,000 seed investment each. MANTRA's CEO emphasizes the platform's purpose in fostering success and innovation in the Web3 space, echoing a shared vision for growth and support in the tech industry.
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MANTRA Launches Incubation Program to Drive Innovation and Support RWA Projects

MANTRA's Incubation Program at Dubai World Trade Center

MANTRA, a security-first RWA Layer-1 blockchain, has announced a new incubation program set to launch at the Dubai World Trade Center (DWTC), fueled by an impressive $11 million funding round led by Shorooq Partners. This initiative emphasizes MANTRA's commitment to driving innovation in the Real World Asset (RWA) tokenization, particularly in the Middle East and North Africa (MENA).

Nurturing New Nascent Projects in the RWA Landscape

  • In collaboration with Virtuzone, MANTRA aims to nurture emerging projects within its own ecosystem and the broader RWA landscape.
  • Five standout projects will participate in the incubator program, receiving tailored support.
  • Each project will receive a $100,000 seed investment funded by MANTRA's CEO, John Patrick Mullin.

Through hands-on guidance, project teams will have networking opportunities and access to investors, fostering future growth in the industry.

MANTRA's Global Reach

  1. The program starts in Hong Kong, followed by San Francisco, and concludes at the Dubai World Trade Center.

This platform aims to showcase the skills and solutions of the participants on a global level, enhancing collaboration and innovation in the Web3 space.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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