MANTRA Partners with SOMA Finance & Tritaurian for RWA Tokenization

MANTRA is launching **KYC-compliant RWA perpetuals trading**, removing compliance barriers that have prevented institutional players from participating in onchain markets. **Key developments:** - Institutions and high-net-worth individuals will gain access to UAE market exposure through compliant infrastructure - Both spot and perpetuals trading for real-world assets will be available - The platform operates on MANTRA Chain, a regulatory-focused Layer 1 blockchain This marks a shift toward institutional-grade onchain trading that meets real-world regulatory requirements.

**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 crypto-native trading products while maintaining compliance requirements.

**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)