MANTRA Token Upgrade Deadline Approaches

MANTRA has launched its **6th tranche** of the OM Upgrade alongside a catchup campaign for previous tranches. Tokens will vest linearly until **May 26th, 2026**. **Key Details:** - Users must claim at least once before May 26th to remain eligible for future allocations - The first year of OM Upgrade started May 8th, 2025 and ends May 26th, 2026 - Claim portal: [mantra.zone](http://mantra.zone) This follows the recent completion of the 2nd Tranche of MANTRA GenDrop, which finished vesting on April 3rd. All allocations have been adjusted to reflect the 1:4 token upgrade and are distributed in $MANTRA. **Action Required:** If you haven't claimed yet, visit [mantra.zone](http://mantra.zone) before the May 26th deadline to secure your allocation and maintain eligibility for future distributions.

Brian Armstrong highlights a critical gap in global financial access: while banking the unbanked has gained attention, **4 billion people remain without access to brokerage services**. The solution proposed centers on **tokenization of real-world assets (RWAs)**, which could democratize investment opportunities for billions currently excluded from traditional financial markets. By bringing stocks, bonds, commodities, and other traditional assets on-chain, tokenization removes barriers like high minimum investments, geographic restrictions, and complex account requirements that keep most of the world's population from participating in capital markets. This approach extends beyond basic banking services to enable fractional ownership and 24/7 trading access to investment products previously available only to those with traditional brokerage accounts.

MANTRA Finance has halted subscriptions to Pyse's Green Velocity 1 token offering following escalating conflict in the Middle East, which now includes direct attacks on Dubai. **Key Actions:** - All subscription contributions will be returned in full - The pause affects the Green Velocity 1 RWA token offering - Decision made in response to regional security concerns **Background:** The offering had previously attracted over $250,000 in private institutional commitments before the pause was implemented. Full details: [MANTRA Chain Announcement](https://mantrachain.io/resources/announcements/mantra-finance-pauses-subscriptions-to-green-velocity-1-token-by-pyse)

**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)