MANTRA Token Upgrade Deadline Approaches

**Real World Assets (RWAs) are becoming the primary entry point for new crypto users.** New Ethereum wallet adoption of RWAs has increased dramatically: - **2022-2024**: ~1,000 new wallets per month acquired an RWA within 6 months of creation - **Current**: ~30,000 new wallets per month acquiring RWAs, with numbers continuing to rise This represents a **30x increase** in RWA adoption among new users. The trend suggests RWAs are shifting from a niche product to a mainstream onboarding mechanism for cryptocurrency.

**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 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)

**Fund tokenization is reshaping traditional finance** through streamlined operations and enhanced accessibility. **Key transformations include:** - **Fractional ownership** - Breaking down investment barriers - **Onchain liquidity** - 24/7 trading capabilities - **Automated compliance** - Reducing operational overhead - **Global access** - Expanding investor reach **Impact across sectors:** - Private equity funds gain operational efficiency - ETFs benefit from enhanced liquidity mechanisms - Hedge funds access new distribution channels This shift builds on recent momentum, including Apex Global's Globacap acquisition for U.S. fund tokenization and Hong Kong's live settlement pilots with tokenized money-market funds. **The technology enables:** - Secure, scalable financial operations - Reduced settlement times - Lower operational costs - Enhanced transparency Tokenization represents a fundamental change in how funds operate, moving from traditional structures to blockchain-based systems that offer greater efficiency and accessibility. [Read the full analysis](mantrachain.io/resources/ann)