The Mantra blockchain network has launched a $108,888,888 ecosystem fund aimed at accelerating the growth of startups focused on real-world asset (RWA) tokenization and decentralized finance (DeFi). The fund, named the Mantra Ecosystem Fund (MEF), is structured to support projects at all developmental stages and will be deployed over the next four years among high-potential blockchain projects worldwide. Backed by various institutional partners including Laser Digital and Brevan Howard Digital, the fund reflects a rising demand for stable, asset-backed digital products. Mantra CEO John Patrick Mullin emphasized the fund's open-arms policy, expressing interest in top-tier teams building RWA and DeFi applications and complementary infrastructure. This launch coincides with growing institutional interest in RWAs, seen as a hedge against crypto market volatility. Despite recent market pressures due to US economic concerns, the value of tokenized RWAs has increased significantly, demonstrating robust market growth. BlackRock's support for the space further signifies institutional commitment to RWAs.

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