- MANTRA secures the first VARA VASP license for RWA tokenization.
- This license will enable the Layer 1 blockchain to expand in the UAE and MENA regions.
- MANTRA’s regulatory compliance and partnerships position it as an RWA leader.
MANTRA, a RWA layer 1 blockchain, has secured the first Virtual Asset Service Provider (VASP) license from the Virtual Assets Regulatory Authority (VARA) in Dubai. This licence opens doors for global expansion within the UAE and the broader MENA region.
Industry experts predict a 50-fold growth in Real-World Asset (RWA) tokenization, bringing real-world assets onchain. While the US dominates the traditional capital markets, the UAE is taking a leading role in the field of tokenized real estate. With $OM’s 113% monthly surge, some wonder if 2025 will be the year of RWA, following the recent trends of AI and meme coins.
As the crypto market evolves, institutional capital typically flows into projects with real-world utility and MANTRA is strategically positioned to capitalize on this trend. Several factors play a key role in MANTRA’s advantageous position: key partnerships with major real estate players in the Middle East, a commitment to regulatory compliance, an active community, team, and strong underlying fundamentals.
Additionally, MANTRA Chain’s focus on compliance paves the way for mainstream adoption and fosters trust among market participants. The VARA VASP license is an example of MANTRA’s dedication to meeting the highest regulatory standards.
MANTRA’s OM Analysis: Consolidation Phase Before Next Leg Up?
With this license secured, $OM’s price action on the 1-hour chart appears to be forming a bull flag pattern, after a period of consolidation. Still, in its nascent stages, the pattern suggests $OM may consolidate further before initiating its next leg up.
Market analysts warn of a possible minor pullback before the bullish momentum resumes. This retracement would mark the final phase of the bull flag’s formation. If the pattern validates, $OM is poised for a significant price surge, potentially breaking through the upper trendline of the flag.
The projected upward move fits with broader market analysis, which suggests a growth in RWA tokenization in 2025. MANTRA’s recent VARA VASP license and strategic partnerships further strengthen the bullish outlook for $OM, positioning it as a key player in the evolving RWA landscape. However, traders should remain vigilant and consider risk management strategies as the market remains volatile.
