MANTRA has rolled out a major mainnet upgrade, a step toward reshaping the future of tokenized finance. The Layer 1 blockchain, built specifically for real world assets (RWAs), now supports EVM and CosmWasm smart contracts at the same time.
According to the announcement, the upgrade comes at a time when the $16 trillion tokenization market is growing. The impact puts MANTRA in a position to meet rising demand from institutions looking for secure and compliant blockchain solutions.
MANTRA confirmed on X that its MultiVM is now live, saying it’s the first Layer 1 blockchain to natively support both EVM and CosmWasm smart contracts. The team added that this positions MANTRA at the heart of the $16 trillion tokenization market, calling it “game-changing infrastructure for real world assets.”
The upgrade allows developers to deploy Solidity-based dApps directly on MANTRA Chain without making changes. Moreover, they can fork and customize DeFi protocols specifically for RWAs.
Institutions can access a fully EVM-compatible blockchain with compliance built right in. Backed by MANTRA Finance’s license from Dubai’s Virtual Assets Regulatory Authority (VARA), it provides a safe and regulated way to offer services like trading and investment.
The license provides investors with a safe regulatory environment and encompasses exchange, broker-dealer, and investment services.
MANTRA, unlike many other blockchains that rely on smart contracts for compliance, takes a different approach. The blockchain is enforcing regulatory requirements right at the protocol level. This means that institutions can finally have both EVM accessibility and regulatory clarity without having to compromise.
Low-cost and development tools cater to the suitability of real-world asset projects, benefiting developers. Institutions, on the other hand, derive peace of mind that the platform keeps them fully compliant with strict regulations.
John Patrick Mullin, Founder and CEO of MANTRA, emphasized this milestone. “With this EVM upgrade, we’re not just improving performance, we’re further embedding compliance into the protocol,” he said. “It’s another important step toward making the future of finance more open and efficient for everyone.”
MANTRA has recently strengthened its ecosystem through strategic moves. The blockchain partnered with Inveniam to build a global RWA ecosystem anchored in the UAE and U.S.
MANTRA also started buying back its $OM tokens to strengthen the project’s long-term growth. Binance, Nansen, and Inveniam joined as network validators, helping improve decision-making and make the blockchain more decentralized.
The blockchain further said that on October 21-22, it will host Agentic., a summit in Abu Dhabi focused on tokenization and deep financial innovation.
According to CoinMarketCap, as of writing, MANTRA is trading at $0.209762, up 1.00% in the past 24 hours.
MANTRA’s upgrade merges compliance and innovation, giving institutions and developers the tools to scale tokenized finance securely and transparently.
