MANTRA Launches RWAccelerator for Real-World Asset Startups with Google Cloud

Layer 1 blockchain MANTRA has launched the RWAccelerator program, focused on tokenizing real-world assets (RWAs), with support from Google Cloud.

• The program provides funding, mentorship, AI resources, and technical support for startups in sectors like real estate and financial products.
• The initiative was announced at Consensus Hong Kong, highlighting the growing importance of tokenized assets.
• The World Economic Forum projects that by 2027, 10% of global GDP, approximately $10 trillion, could be stored on blockchain networks.
• Startups can apply in three tracks: infrastructure, tokenization, or decentralized finance (DeFi).
• Successful candidates will receive access to Google Cloud resources, including cloud credits and technical workshops.
• MANTRA's team will assist with areas such as smart contracts, tokenomics, legal compliance, and market strategies.
• Applications are open until March 20, 2025, with the first cohort starting in Dubai in April.
• MANTRA recently obtained a Virtual Asset Service Provider (VASP) license from Dubai’s VARA, enabling it to offer investment services in the region.