MANTRA has rolled out a significant mainnet upgrade, now supporting both Ethereum Virtual Machine (EVM) and CosmWasm contracts on its Layer 1 blockchain. This MultiVM setup is designed specifically for real-world asset (RWA) applications, making it easier for developers and institutions to build seamlessly across different ecosystems.
Dual Support for Developers
With this upgrade, developers can now:
- Launch Solidity-based decentralized applications without rewriting existing code.
- Adapt Ethereum DeFi protocols for tokenizing real-world assets.
- Continue developing Cosmos-native smart contracts within the same network.
By integrating both EVM and CosmWasm, MANTRA reduces the challenges of cross-chain development. While EVM is widely adopted in institutional projects, CosmWasm remains a key feature for Cosmos SDK-based chains. This dual environment aims to attract developers from both ecosystems and provides infrastructure optimized for RWA tokenization.
Compliance and Institutional Readiness
MANTRA handles compliance directly at the protocol level, removing the need for separate regulatory smart contracts. Paired with its VASP license from Dubai’s VARA, the platform offers a clear, structured framework for institutions to safely and efficiently tokenize assets.
Timing and Industry Relevance
This upgrade arrives as tokenization of real-world assets—ranging from private equity and real estate to bonds and commodities—gains momentum. Leading financial institutions like JPMorgan and BlackRock are exploring pilot projects, while blockchain infrastructure providers are racing to attract developer attention.
Governance and Future Developments
In addition to technical upgrades, MANTRA has strengthened its governance by adding new validators, including Binance and Nansen. The project is also gearing up for its Agentic summit in Abu Dhabi, which will bring together developers, asset managers, and policymakers to discuss the future of tokenized finance.
Looking forward, MANTRA plans to roll out permissioned liquidity pools and advanced compliance modules aimed at institutional users. These enhancements further establish MANTRA as a regulated, RWA-focused blockchain capable of supporting sophisticated tokenization use cases.
