MANTRA Opens 6th Tranche Claims with May 26th Deadline

**MANTRA is launching KYC-compliant RWA perpetuals trading**, removing compliance barriers that have prevented institutional players from participating in onchain markets. **Key developments:** - Institutional-grade spot and perpetuals trading for Real World Assets (RWAs) - Full KYC compliance enabling regulated participation - Direct access to UAE market exposure for institutions and high-net-worth individuals - Built on MANTRA Chain, a security-first RWA Layer 1 blockchain **Why it matters:** Traditional financial institutions have been locked out of onchain trading due to regulatory requirements. This compliant infrastructure creates a bridge between traditional finance and decentralized markets, allowing institutions to trade tokenized real-world assets 24/7 while meeting regulatory standards. The platform will feature a Central Limit Order Book (CLOB) with swap functionalities for tokenized debt, commodities, and other RWAs on a self-custodial exchange.

**MANTRA is introducing RWA (Real World Asset) Perpetuals** that will allow users to speculate on Dubai's economic future, regardless of their market outlook. **Key features:** - KYC-compliant perpetual contracts for institutional and high-net-worth investors - Removes compliance barriers that previously blocked institutional onchain trading - Provides direct exposure to UAE market movements **Why it matters:** This marks a significant step in bridging traditional finance with DeFi, enabling regulated entities to access tokenized exposure to real-world markets through a compliant framework.

**Bithumb has announced support for the $OM to $MANTRA token upgrade**, adding to the expanding roster of major exchanges facilitating the redenomination. **Key developments:** - Bithumb becomes the latest major Korean exchange to support the upgrade, following Upbit's earlier announcement - The upgrade involves a token swap, redenomination, and rebranding from MANTRA (OM) to MANTRA (MANTRA) - Over a dozen major exchanges now confirmed, including Binance, Bybit, OKX, Kraken, KuCoin, Gate, HTX, Bitget, MEXC, and Poloniex **Timeline:** - Governance proposal is live and expected to pass within 8 days - March 2nd appears to be the target date for the transition - MANTRA Swap will likely be the last place to trade $OM and first place to trade $MANTRA - CoinGecko preview listing application has been submitted The coordinated exchange support demonstrates broad industry backing for MANTRA Chain's transition as it positions itself as a security-first RWA Layer 1 blockchain. [Bithumb Official Notice](https://feed.bithumb.com/notice/1652127)

MANTRA is consolidating reward campaigns ahead of its March 2nd token upgrade from $OM to native $MANTRA. **Key Deadlines:** - Fully vested campaigns close this week - $OM Upgrade 5th Tranche and GenDrop claims close 24 hours before March 2nd **What's Changing:** - All rewards will migrate to native $MANTRA after the upgrade - New claim instructions will be provided post-transition - [Bybit has announced support](https://announcements.bybit.com/en/article/token-swap-and-rebranding-of-mantra-om-to-mantra-mantra--bltf301972c59bb7cb7/) for the token swap Users should claim any pending rewards at mantra.zone before the deadline to avoid missing out on their allocations.

MANTRA Finance's first regulated RWA product has secured over $250,000 in private institutional commitments. The **PYSE Green Velocity 1** offering tokenizes lease income from commercial e-bikes operated by UAE's leading food and e-commerce companies. **Key Details:** - Limited allocation remains for MANTRA community and public investors - Compliant with VARA regulations - Investors gain fractional ownership of operational lease income - E-bike fleet serves major UAE delivery platforms This marks MANTRA's entry into regulated real-world asset tokenization, bridging traditional fleet financing with blockchain infrastructure. [Join the waitlist](https://mantra.finance/pyse)