MANTRA Launches RWAccelerator to Drive the Tokenization of Real-World Assets (RWAs)

MANTRA, a layer 1 blockchain purpose-built for tokenized real-world assets (RWAs) has launched RWAccelerator – a start-up accelerator program designed to empower builders and startups with investment capital, mentors, dedicated AI support and more.

MANTRA, a layer 1 blockchain designed for tokenized real-world assets (RWAs), has announced the launch of RWAccelerator, a start-up accelerator program.

The program, supported by Google Cloud, will focus on projects interested in the tokenization of real-world assets, spanning real estate, financial products, and alternative assets.

The initiative aims to accelerate development, innovation, and adoption in the RWA space, which is attracting increasing attention.

According to the World Economic Forum, 10% of the world's GDP, approximately $10 trillion, will be stored on blockchain networks by 2027, with Real World Assets (RWAs) playing a crucial role in this transformation.

Applicants to the RWAccelerator can choose from three tracks: infrastructure, tokenization, and DeFi. They will undergo a screening process to identify innovative entrepreneurs, startups, and builders for this opportunity.

Selected projects will receive support from the Google for Startups Cloud program, which provides access to Google Cloud resources like cloud credits, technical assistance, and workshops led by Google engineers.

MANTRA team members will also support accelerator participants, offering guidance on smart contracts, tokenomics, market maker selection, listing processes, legal and compliance matters, and more.

"This is an incredible opportunity for startups to leverage cutting-edge technology and gain access to resources and mentorship," said John Patrick Mullin, CEO of MANTRA.

"With support from Google Cloud, this RWAccelerator will allow startups to reach new heights and significantly contribute to the wider Web3 community."

Joining Mullin on-stage at Consensus to announce the launch of the RWAccelerator, Richard Widdman said, "We're excited to collaborate with MANTRA to support the next wave of innovative Web3 startups focused on tokenizing real-world assets."

"By providing access to Google Cloud's infrastructure and expertise, we aim to create an environment where these startups can truly thrive, experiment, and push the boundaries of what's possible in the Web3 space."

Applications for the first intake to the RWAccelerator will be accepted starting today through March 20, 2025 at www.mantrachain.io/ecosystem/RWAccelerator. Chosen participants will be notified by April 1 and will begin the three-month program with an in-person summit in Dubai. Applications for the second intake will open March 20, 2025.

In addition to co-creating the RWAccelerator, MANTRA also added Google Cloud as a primary validator and infrastructure provider for MANTRA Chain in late 2024. Google Cloud services ensure MANTRA Chain maintains an efficient, reliable and secure blockchain infrastructure. For more information, visit mantrachain.io.

Those seeking to learn more and apply to the RWAccelerator can do so at https://www.mantrachain.io/ecosystem/RWAccelerator

About MANTRA

MANTRA is a purpose-built Layer 1 blockchain for real-world assets, capable of adherence to real world regulatory requirements. As a permissionless chain, MANTRA Chain empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced technology modules, compliance mechanisms, and cross-chain interoperability.