Mantle, a blockchain platform supported by Crypto Exchange bybit, is developing in the fast-growing active active sector (RWA) with a new tokenization service designed to provide traditional finances on blockchain rails
The protocol tokenization platform as a service, unveiled Thursday during the TOKEN2049 event in Singapore, offers a set of compliance services such as licenses, customer knowledge tools (KYC), legal structuring and deployment of intelligent contracts, alongside security surveillance and decentralized financing integrations (DEFI) for the price discovery.
At the same time, World Liberty Financial, the blockchain protocol with close links with the family of US President Donald Trump, also announced that he would deploy his stablecoin with USD dollars on the Mantle network.
“The Rwas are no longer a niche. With a market of $ 26 billion today and thousands of billions planned by 2030, the institutions run to bring assets in mind,” said Emily Bao, the key coat advisor, Emily Bao. “Mantle builds the infrastructure compliant, access to liquidity and developer programs necessary to respond to this request.”
The news came while Mantle develops quickly beyond being a layer of layer 2 Ethereum in a wider cryptography ecosystem. The network is now closely integrated into the popular trading platform in Bybit, which gives it exposure to millions of users, and develops UR, a Fintech application aimed at folding crypto with traditional financial services.
“Mantle is now at the heart of the bybit ecosystem,” said Ben Zhou, co-founder and CEO of Bybit, in a press release. “Together, we build a complete institutional bridge from Tradfi to Defi – with Rwas at the center.”
The native token of the network (MNT) has reached a new $ 2 summit, up 4.5% in the last 24 hours. It was recently one of the most efficient cryptocurrencies, winning 73% in last month.
Find out more: “Tokenization will eat the entire financial system”, explains the CEO of Robinhood
