Mantle (MNT) Price Hits Record on RWA Tokenization Platform
Mantle, a blockchain ecosystem built on an Ethereum layer-2 network, has launched a tokenization-as-a-service platform aimed at allowing compliant issuance of real-world assets (RWA). The USD1 stablecoin, affiliated with World Liberty Financial, linked to the Trump family, will also be deployed on the Mantle network. This initiative comes as Mantle's native token, MNT, reached an all-time high of $2, marking a 4.5% increase in just 24 hours and a remarkable 73% rise over the past month. The new platform offers comprehensive compliance services, including KYC tools, legal structuring, and smart contract deployment. With a current RWA market valuation of $26 billion, anticipated to reach trillions by 2030, Mantle aims to provide necessary infrastructure and liquidity to facilitate this transition. Bybit's integration into its ecosystem further strengthens its market presence, allowing Mantle to cater to traditional finance players looking to enter the blockchain space. Mantle's commitment to developing services connecting crypto and traditional finance positions it to capitalize on the growing demand for tokenized assets.
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