Mantra launches $108 million ecosystem fund to support RWA and DeFi startups

Odaily News Mantra announced the launch of a $108,888,888 ecosystem fund to support startups focused on real-world asset (RWA) tokenization and decentralized finance (DeFi). Mantra said it will invest funds in "high-potential blockchain projects" around the world over the next four years and look for investment opportunities through Mantra's partner network. The fund's supporters include many institutional partners, including Laser Digital, Shorooq, Brevan Howard Digital, Valor Capital, Three Point Capital and Amber Group. (Cointelegraph)