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UAE regulated, digital asset custodian, Tungsten Custody Solutions Ltd, will support UAE MANTRA (OM) Blockchain with its custodial services.
As per the press release, the collaboration will enable institutional clients to securely custody OM tokens while leveraging Tungsten’s regulated framework, ensuring the highest levels of security, transparency, and compliance. Tungsten Custody’s collaboration with MANTRA reinforces its commitment to supporting the broader MANTRA blockchain ecosystem that empowers developers and institutions to seamlessly participate in the evolving real world asset (RWA) tokenization space.
MANTRA is a purpose-built Layer 1 blockchain for real-world assets, capable of adherence to real world regulatory requirements. The OM token is the core utility and governance token of the MANTRA Chain ecosystem and powers various features of the blockchain. By integrating with Tungsten Custody, institutional investors and funds can now access regulated custody, enhanced accessibility, and robust infrastructure.
Jose J. Perez Aguinaga, SEO of Tungsten, commented, “The integration of MANTRA (OM) into our custody services, along with our collaboration with the MANTRA , represents a key milestone in our mission to provide institutional investors with secure, compliant, and scalable digital asset solutions. As blockchain adoption expands, regulated custody is essential for bridging institutional finance with decentralised ecosystems. Tungsten Custody is proud to support MANTRA’s vision and provide the infrastructure needed for institutional participation in tokenised economies.”
John Patrick Mullin, Co-Founder & CEO of MANTRA, added, “At MANTRA we firmly believe that institutional adoption is best driven through a commitment to security, regulation and compliance. The integration of OM into Tungsten Custody’s growing portfolio of supported assets, underscores a shared commitment to bridging traditional finance with blockchain-powered institutional services – particularly in the United Arab Emirates – a key region for MANTRA.”
Mantra Blockchain tokenization platform has been making strong strides in the UAE tokenization ecosystem especially with its recent agreement with DAMAC to tokenize $1 billion worth of assets.