BitcoinWorld MANTRA Announces Additional $25,000,000 Minimum Funding Commitment for First of Strategic OM Token Buybacks Backed by key investors and stakeholders the buyback will be executed transparently over several months across publicly traded centralized exchange venues Including Inveniam’s $20,000,000 investment, total commitments now reach $45,000,000, reinforcing institutional confidence in OM and MANTRA’s RWA ecosystem ZUG, Switzerland, Aug. 28, 2025 /PRNewswire/ — MANTRA, a layer 1 blockchain purpose-built for tokenized real world assets (RWAs), today announces the first tranche of its buyback of OM tokens, supported and funded by a group of its key investors and stakeholders, via a $25,000,000 (minimum) commitment. This first buyback follows Inveniam’s recent $20 million investment in MANTRA to advance institutional market infrastructure, and increase private real world asset participation and adoption. Combined, these two announcements reflect a minimum $45 million commitment. The strategic buyback reflects the key partners’ continued belief and confidence in MANTRA’s ecosystem, as well as the long-term value and sustainability of the OM token. Today’s announcement confirms MANTRA CEO and Founder, John Patrick Mullin’s statement in April 2025 that a strategic token buyback was planned and would occur. From 27 August, 2025, MANTRA AG, MANTRA Chain Association’s wholly owned subsidiary, will execute the buyback transparently over several months until all the proceeds have been fully deployed. Recurring buy orders at, or near, current market prices, will be placed by well regarded independent trading firms, across publicly traded centralized exchange venues. Upon completion of each tranche, all purchased OM tokens will be withdrawn from exchanges as ERC20 tokens, migrated to MANTRA Chain mainnet, and staked with MANTRA’s validator set. Periodic progress updates will be provided via MANTRA’s X account, as the buybacks are executed and completed. The wallets storing the repurchased and staked OM will be published via the OM token dashboard. “This buyback program is a pivotal moment for MANTRA. It is not merely a financial transaction but a signal of confidence from our existing partners and key stakeholders. Through the repurchasing of OM on the open market, we reinforce our belief in the long-term utility of the token, support our vision for the ecosystem and return value to token holders,” John Patrick Mullin, CEO and Founder of MANTRA said. At current prices, the total value of the repurchasing program corresponds to roughly 110 million OM. This would account for roughly 10% of OM’s circulating supply. About MANTRA MANTRA  is a purpose-built Layer 1 blockchain for real-world assets, capable of adherence to real-world regulatory requirements. As a permissionless chain, MANTRA Chain empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced technology modules, compliance mechanisms, and cross-chain interoperability. MANTRA holds a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), to operate as a Virtual Asset Exchange, as well as provide Broker-Dealer and Management and Investment Services. This post MANTRA Announces Additional $25,000,000 Minimum Funding Commitment for First of Strategic OM Token Buybacks first appeared on BitcoinWorld and is written by chainwireBitcoinWorld MANTRA Announces Additional $25,000,000 Minimum Funding Commitment for First of Strategic OM Token Buybacks Backed by key investors and stakeholders the buyback will be executed transparently over several months across publicly traded centralized exchange venues Including Inveniam’s $20,000,000 investment, total commitments now reach $45,000,000, reinforcing institutional confidence in OM and MANTRA’s RWA ecosystem ZUG, Switzerland, Aug. 28, 2025 /PRNewswire/ — MANTRA, a layer 1 blockchain purpose-built for tokenized real world assets (RWAs), today announces the first tranche of its buyback of OM tokens, supported and funded by a group of its key investors and stakeholders, via a $25,000,000 (minimum) commitment. This first buyback follows Inveniam’s recent $20 million investment in MANTRA to advance institutional market infrastructure, and increase private real world asset participation and adoption. Combined, these two announcements reflect a minimum $45 million commitment. The strategic buyback reflects the key partners’ continued belief and confidence in MANTRA’s ecosystem, as well as the long-term value and sustainability of the OM token. Today’s announcement confirms MANTRA CEO and Founder, John Patrick Mullin’s statement in April 2025 that a strategic token buyback was planned and would occur. From 27 August, 2025, MANTRA AG, MANTRA Chain Association’s wholly owned subsidiary, will execute the buyback transparently over several months until all the proceeds have been fully deployed. Recurring buy orders at, or near, current market prices, will be placed by well regarded independent trading firms, across publicly traded centralized exchange venues. Upon completion of each tranche, all purchased OM tokens will be withdrawn from exchanges as ERC20 tokens, migrated to MANTRA Chain mainnet, and staked with MANTRA’s validator set. Periodic progress updates will be provided via MANTRA’s X account, as the buybacks are executed and completed. The wallets storing the repurchased and staked OM will be published via the OM token dashboard. “This buyback program is a pivotal moment for MANTRA. It is not merely a financial transaction but a signal of confidence from our existing partners and key stakeholders. Through the repurchasing of OM on the open market, we reinforce our belief in the long-term utility of the token, support our vision for the ecosystem and return value to token holders,” John Patrick Mullin, CEO and Founder of MANTRA said. At current prices, the total value of the repurchasing program corresponds to roughly 110 million OM. This would account for roughly 10% of OM’s circulating supply. About MANTRA MANTRA  is a purpose-built Layer 1 blockchain for real-world assets, capable of adherence to real-world regulatory requirements. As a permissionless chain, MANTRA Chain empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced technology modules, compliance mechanisms, and cross-chain interoperability. MANTRA holds a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), to operate as a Virtual Asset Exchange, as well as provide Broker-Dealer and Management and Investment Services. This post MANTRA Announces Additional $25,000,000 Minimum Funding Commitment for First of Strategic OM Token Buybacks first appeared on BitcoinWorld and is written by chainwire

MANTRA Announces Additional $25,000,000 Minimum Funding Commitment for First of Strategic OM Token Buybacks

BitcoinWorld

MANTRA Announces Additional $25,000,000 Minimum Funding Commitment for First of Strategic OM Token Buybacks

  • Backed by key investors and stakeholders the buyback will be executed transparently over several months across publicly traded centralized exchange venues
  • Including Inveniam’s $20,000,000 investment, total commitments now reach $45,000,000, reinforcing institutional confidence in OM and MANTRA’s RWA ecosystem

ZUG, Switzerland, Aug. 28, 2025 /PRNewswire/ — MANTRA, a layer 1 blockchain purpose-built for tokenized real world assets (RWAs), today announces the first tranche of its buyback of OM tokens, supported and funded by a group of its key investors and stakeholders, via a $25,000,000 (minimum) commitment.

This first buyback follows Inveniam’s recent $20 million investment in MANTRA to advance institutional market infrastructure, and increase private real world asset participation and adoption. Combined, these two announcements reflect a minimum $45 million commitment.

The strategic buyback reflects the key partners’ continued belief and confidence in MANTRA’s ecosystem, as well as the long-term value and sustainability of the OM token. Today’s announcement confirms MANTRA CEO and Founder, John Patrick Mullin’s statement in April 2025 that a strategic token buyback was planned and would occur.

From 27 August, 2025, MANTRA AG, MANTRA Chain Association’s wholly owned subsidiary, will execute the buyback transparently over several months until all the proceeds have been fully deployed. Recurring buy orders at, or near, current market prices, will be placed by well regarded independent trading firms, across publicly traded centralized exchange venues. Upon completion of each tranche, all purchased OM tokens will be withdrawn from exchanges as ERC20 tokens, migrated to MANTRA Chain mainnet, and staked with MANTRA’s validator set.

Periodic progress updates will be provided via MANTRA’s X account, as the buybacks are executed and completed. The wallets storing the repurchased and staked OM will be published via the OM token dashboard.

At current prices, the total value of the repurchasing program corresponds to roughly 110 million OM. This would account for roughly 10% of OM’s circulating supply.

About MANTRA

MANTRA  is a purpose-built Layer 1 blockchain for real-world assets, capable of adherence to real-world regulatory requirements. As a permissionless chain, MANTRA Chain empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced technology modules, compliance mechanisms, and cross-chain interoperability.

MANTRA holds a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), to operate as a Virtual Asset Exchange, as well as provide Broker-Dealer and Management and Investment Services.

This post MANTRA Announces Additional $25,000,000 Minimum Funding Commitment for First of Strategic OM Token Buybacks first appeared on BitcoinWorld and is written by chainwire

Market Opportunity
NEAR Logo
NEAR Price(NEAR)
$1.791
$1.791$1.791
-2.82%
USD
NEAR (NEAR) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Lucid to begin full Saudi manufacturing in 2026

Lucid to begin full Saudi manufacturing in 2026

Lucid Group, the US carmaker backed by the Public Investment Fund (PIF), reportedly plans to start full-scale vehicle manufacturing in Saudi Arabia this year, transitioning
Share
Agbi2026/01/15 15:52
Exploring Market Buzz: Unique Opportunities in Cryptocurrencies

Exploring Market Buzz: Unique Opportunities in Cryptocurrencies

In the ever-evolving world of cryptocurrencies, recent developments have sparked significant interest. A closer look at pricing forecasts for Cardano (ADA) and rumors surrounding a Solana (SOL) ETF, coupled with the emergence of a promising new entrant, Layer Brett, reveals a complex market dynamic. Cardano's Prospects: A Closer Look Cardano, a stalwart in the blockchain space, continues to hold its ground with its research-driven development strategy. The latest price predictions for ADA suggest potential gains, predicting a double or even quadruple increase in its valuation. Despite these optimistic forecasts, the allure of exponential gains drives traders toward more speculative ventures. The Buzz Around Solana ETF The potential introduction of a Solana ETF has the crypto community abuzz, potentially catapulting SOL prices to new heights. As investors await regulatory decisions, the impact of such an ETF on Solana's value could be substantial, potentially reaching up to $300. However, as with Cardano, the substantial market capitalization of Solana may temper its growth potential. Why Layer Brett is Gaining Traction Amidst established names, a new contender, Layer Brett, has started to capture the market's attention with its early presale stages. Offering a low entry price of just $0.0058 and promising over 700% in staking rewards, Layer Brett presents a tempting proposition for those looking to maximize returns. Comparative Analysis: ADA, SOL, and $LBRETT While both ADA and SOL offer stable investment choices with reliable growth, Layer Brett emerges as a high-risk, high-reward option that could potentially offer significantly higher returns due to its nascent market position and aggressive economic model. Initial presale pricing lets investors get in on the ground floor. Staking rewards currently exceed 690%, a persuasive incentive for early adopters. Backed by Ethereum's Layer 2 for enhanced transaction speed and reduced costs. A community-focused $1 million giveaway to further drive engagement and investor interest. Predicted by some analysts to offer up to 50x returns in coming years. Shifting Sands: Investor Movements As the crypto market landscape shifts, many investors, including those traditionally holding ADA and SOL, are beginning to diversify their portfolios by turning to high-potential opportunities like Layer Brett. The combination of strategic presale pricing and significant staking rewards is creating a momentum of its own. Act Fast: Time-Sensitive Opportunities As September progresses, opportunities to capitalize on these low entry points and high yield offerings from Layer Brett are likely to diminish. With increasing attention and funds being directed towards this new asset, the window to act is closing quickly. Invest in Layer Brett now to secure your position before the next price hike and staking rewards reduction. For more information, visit the Layer Brett website, join their Telegram group, or follow them on X by clicking the following links: Website Telegram X Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.
Share
Coinstats2025/09/18 18:39
United Kingdom Trade Balance; non-EU declined to £-11.457B in November from previous £-10.255B

United Kingdom Trade Balance; non-EU declined to £-11.457B in November from previous £-10.255B

The post United Kingdom Trade Balance; non-EU declined to £-11.457B in November from previous £-10.255B appeared on BitcoinEthereumNews.com. Gold loses ground after
Share
BitcoinEthereumNews2026/01/15 16:23