MANTRA Secures New Round of Financing on August 15, 2020

OM
OM
-4.32%
According to media reports, MANTRA completed a new round of financing on August 15, 2020. The round saw participation from Kenetic Capital, GenBlock Capital, LD Capital, Waterdrip Capital, Moonrock Capital, Master Ventures, Vendetta Capital, LK Venture, GBV Capital, and Plutus VC. To date, MANTRA has raised a total of $31 million.MANTRA aims to become the first RWA Layer 1 blockchain capable of complying with and enforcing real-world regulatory requirements. By accelerating the adoption of tokenized real-world assets (RWA), MANTRA has the potential to unlock a $16 trillion RWA economy. Leveraging the compliance framework of MANTRA Chain, traditional financial institutions can seamlessly transition to and capitalize on asset tokenization and blockchain solutions, driving global RWA growth.It is noteworthy that MANTRA’s development trajectory demonstrates sustained progress within the industry. Since the OM token was listed for trading in August 2020, MANTRA has achieved several significant milestones. In March 2024, the project secured $11 million in funding and successfully launched its mainnet in October of the same year. In February 2025, MANTRA obtained the Dubai VASP license, further strengthening its compliance standing. In April of the same year, the project announced the launch of a $108 million ecosystem fund aimed at advancing RWA and DeFi development. These accomplishments highlight MANTRA’s innovative capabilities and growth potential in the blockchain sector, particularly in the tokenization of real-world assets.

This content is AI-generated.Please verify before use.

Disclaimer: The Crypto Calendar is for informational purposes only and doesn’t reflect Gate.com’s views or serve as financial advice.

6
0
0
Share

Comment

OM Fundraising History
RoundAmountValuationTimeInvestor(s)
------2020-08-14Kenetic Capital,GenBlock Capital,LD Capital,Waterdrip Capital,Moonrock Capital,Master Ventures,Vendetta Capital,LK Venture,GBV Capital,Plutus VC
Key Milestones
  • 2025-04-16
    Mantra CEO proposes to destroy holdings of OM tokens to revive investor confidence
  • 2025-04-15
    MANTRA: Will release OM volatility event analysis report and token repurchase and supply destruction plan
  • 2025-04-14
    OM coin price crashed, founder claimed it was caused by improper forced liquidation by CEX
  • 2025-04-07
    Mantra launches $108 million eco-fund to drive RWA and DeFi
  • 2025-02-19
    MANTRA has obtained Dubai VASP license
  • 2024-10-23
    MANTRA is live on mainnet
  • 2024-05-23
    MANTRA completed a strategic financing
  • 2024-03-19
    MANTRA raised $ 11 M in funding round
  • 2020-08-15
    MANTRA completed a new funding round
  • 2020-08
    OM is live for trading
24-Hour High
$0.1251
24-Hour Volume
$499.56K
All-Time High
$8.99
All-Time Low
$0.01726
Market Cap / FDV
100%
FDV
$105.68M
24-Hour Low
$0.1163
Market Cap
$202.98M
Circulating Supply
1.09B OM
Total Supply
1.70B OM
Max Supply
-- OM
Market Sentiment
Positive

OM FAQ

How to buy OM?

What determines the price movement of OM (OM)?

What is the all-time high price of OM?

What is the all-time low price of OM?

What is the current market cap of OM?

How many OM tokens are there in the market?

What is the maximum supply of OM?

What is the fully diluted market cap of OM?

What is the price prediction for OM?

Is OM a good investment?

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)