MANTRA Launches Mainnet Upgrade to Accelerate Tokenized Asset Adoption
MANTRA has unveiled a significant upgrade to its Layer 1 blockchain, designed to capitalize on the burgeoning $16 trillion tokenization market. The enhancement enables simultaneous support for EVM and CosmWasm smart contracts, a first among Layer 1 networks. This positions MANTRA as a pivotal player in real-world asset (RWA) tokenization, offering institutions a secure, compliant blockchain solution.
The MultiVM upgrade allows developers to deploy Solidity-based dApps seamlessly on MANTRA Chain, with no modifications required. It also facilitates the customization of DeFi protocols tailored for RWAs. The MOVE comes as institutional demand for blockchain-based asset tokenization surges, with MANTRA's infrastructure now fully EVM-compatible and compliance-ready.