MANTRA Integrates with Tungsten Custody Solutions to Enhance Security and Compliance for Institutional Clients

nounced its integration with Tungsten Custody Solutions, aiming to enhance security and compliance for institutional clients. This collaboration will enable secure custody of OM tokens within Tungsten’s regulated framework, providing high security, transparency, and compliance levels.

Institutional clients can now enjoy enhanced security and compliance for their OM tokens, thanks to a recent collaboration between MANTRA and Tungsten Custody Solutions. This integration ensures that OM tokens will be securely held within Tungsten's regulated framework, offering high levels of security, transparency, and compliance for institutional investors.

About MANTRA

MANTRA, a project also known as the OMniverse, has undergone a ребрендинг and restructuring to integrate a diverse range of innovative products and services into its vertically integrated blockchain ecosystem. These services are tailored to meet the varying needs of both retail and institutional investors, and they encompass four key components: MANTRA Nodes, MANTRA Chain, MANTRA Finance, and MANTRA DAO. Each component fulfills a specific function within the OMniverse, contributing to the creation of a versatile and comprehensive crypto platform.

The seamless operation of the OMniverse is orchestrated by its four primary components. Commencing with the foundational stack, MANTRA Nodes drives revenue generation and community growth by presenting yield-earning opportunities across multiple blockchains, complemented by node management and staking services. Next, the MANTRA Chain serves as a protocol within the Cosmos ecosystem, facilitating interoperability with other blockchains and empowering developers in crafting secure decentralized applications and exchanges. Following this, MANTRA Finance integrates the speed and transparency of DeFi with the world of traditional finance, enabling non-custodial and permissionless digital asset transactions. Finally, the MANTRA DAO embodies a transparent governance mechanism, prioritizing community involvement and offering services that optimize the business functions of various DAOs.

The OMniverse's native token, known as OM, fulfills several crucial roles within the ecosystem. It serves as a governance token, empowering OM stakers to propose and participate in the OMniverse's decision-making processes through proposals and voting. Additionally, OM functions as a staking token, where users can stake their OM tokens directly on MANTRA“s web app or through Binance to generate passive income. These mechanisms collectively incentivize OM token holders to actively contribute to the growth and governance of the OMniverse.