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January 10, 2025

DAMAC Group Partners with MANTRA Blockchain to Tokenize $1 Billion Assets

UAE-based DAMAC Group has teamed up with MANTRA Blockchain to tokenize a substantial $1 billion worth of real estate and business assets. This groundbreaking initiative aims to launch in early 2025, significantly impacting the digital asset landscape. Tokenization enables fractional ownership, providing more accessibility for investors. The collaboration will leverage blockchain technology to enhance transparency and liquidity in real estate investments. As the launch date approaches, industry watchers should keep a keen eye on the evolving framework of tokenized assets. This partnership represents a crucial milestone in modern finance and real estate.

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