BitcoinWorld MANTRA Announces Additional $25,000,000 Minimum Funding Commitment for First of Strategic OM Token Buybacks Backed by key investors and stakeholders the buyback will be executed transparently over several months across publicly traded centralized exchange venues Including Inveniam’s $20,000,000 investment, total commitments now reach $45,000,000, reinforcing institutional confidence in OM and MANTRA’s RWA ecosystem ZUG, Switzerland, Aug. 28, 2025 /PRNewswire/ — MANTRA, a layer 1 blockchain purpose-built for tokenized real world assets (RWAs), today announces the first tranche of its buyback of OM tokens, supported and funded by a group of its key investors and stakeholders, via a $25,000,000 (minimum) commitment. This first buyback follows Inveniam’s recent $20 million investment in MANTRA to advance institutional market infrastructure, and increase private real world asset participation and adoption. Combined, these two announcements reflect a minimum $45 million commitment. The strategic buyback reflects the key partners’ continued belief and confidence in MANTRA’s ecosystem, as well as the long-term value and sustainability of the OM token. Today’s announcement confirms MANTRA CEO and Founder, John Patrick Mullin’s statement in April 2025 that a strategic token buyback was planned and would occur. From 27 August, 2025, MANTRA AG, MANTRA Chain Association’s wholly owned subsidiary, will execute the buyback transparently over several months until all the proceeds have been fully deployed. Recurring buy orders at, or near, current market prices, will be placed by well regarded independent trading firms, across publicly traded centralized exchange venues. Upon completion of each tranche, all purchased OM tokens will be withdrawn from exchanges as ERC20 tokens, migrated to MANTRA Chain mainnet, and staked with MANTRA’s validator set. Periodic progress updates will be provided via MANTRA’s X account, as the buybacks are executed and completed. The wallets storing the repurchased and staked OM will be published via the OM token dashboard. “This buyback program is a pivotal moment for MANTRA. It is not merely a financial transaction but a signal of confidence from our existing partners and key stakeholders. Through the repurchasing of OM on the open market, we reinforce our belief in the long-term utility of the token, support our vision for the ecosystem and return value to token holders,” John Patrick Mullin, CEO and Founder of MANTRA said. At current prices, the total value of the repurchasing program corresponds to roughly 110 million OM. This would account for roughly 10% of OM’s circulating supply. 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. MANTRA holds a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), to operate as a Virtual Asset Exchange, as well as provide Broker-Dealer and Management and Investment Services. This post MANTRA Announces Additional $25,000,000 Minimum Funding Commitment for First of Strategic OM Token Buybacks first appeared on BitcoinWorld and is written by chainwireBitcoinWorld MANTRA Announces Additional $25,000,000 Minimum Funding Commitment for First of Strategic OM Token Buybacks Backed by key investors and stakeholders the buyback will be executed transparently over several months across publicly traded centralized exchange venues Including Inveniam’s $20,000,000 investment, total commitments now reach $45,000,000, reinforcing institutional confidence in OM and MANTRA’s RWA ecosystem ZUG, Switzerland, Aug. 28, 2025 /PRNewswire/ — MANTRA, a layer 1 blockchain purpose-built for tokenized real world assets (RWAs), today announces the first tranche of its buyback of OM tokens, supported and funded by a group of its key investors and stakeholders, via a $25,000,000 (minimum) commitment. This first buyback follows Inveniam’s recent $20 million investment in MANTRA to advance institutional market infrastructure, and increase private real world asset participation and adoption. Combined, these two announcements reflect a minimum $45 million commitment. The strategic buyback reflects the key partners’ continued belief and confidence in MANTRA’s ecosystem, as well as the long-term value and sustainability of the OM token. Today’s announcement confirms MANTRA CEO and Founder, John Patrick Mullin’s statement in April 2025 that a strategic token buyback was planned and would occur. From 27 August, 2025, MANTRA AG, MANTRA Chain Association’s wholly owned subsidiary, will execute the buyback transparently over several months until all the proceeds have been fully deployed. Recurring buy orders at, or near, current market prices, will be placed by well regarded independent trading firms, across publicly traded centralized exchange venues. Upon completion of each tranche, all purchased OM tokens will be withdrawn from exchanges as ERC20 tokens, migrated to MANTRA Chain mainnet, and staked with MANTRA’s validator set. Periodic progress updates will be provided via MANTRA’s X account, as the buybacks are executed and completed. The wallets storing the repurchased and staked OM will be published via the OM token dashboard. “This buyback program is a pivotal moment for MANTRA. It is not merely a financial transaction but a signal of confidence from our existing partners and key stakeholders. Through the repurchasing of OM on the open market, we reinforce our belief in the long-term utility of the token, support our vision for the ecosystem and return value to token holders,” John Patrick Mullin, CEO and Founder of MANTRA said. At current prices, the total value of the repurchasing program corresponds to roughly 110 million OM. This would account for roughly 10% of OM’s circulating supply. 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. MANTRA holds a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), to operate as a Virtual Asset Exchange, as well as provide Broker-Dealer and Management and Investment Services. This post MANTRA Announces Additional $25,000,000 Minimum Funding Commitment for First of Strategic OM Token Buybacks first appeared on BitcoinWorld and is written by chainwire

MANTRA Announces Additional $25,000,000 Minimum Funding Commitment for First of Strategic OM Token Buybacks

BitcoinWorld

MANTRA Announces Additional $25,000,000 Minimum Funding Commitment for First of Strategic OM Token Buybacks

  • Backed by key investors and stakeholders the buyback will be executed transparently over several months across publicly traded centralized exchange venues
  • Including Inveniam’s $20,000,000 investment, total commitments now reach $45,000,000, reinforcing institutional confidence in OM and MANTRA’s RWA ecosystem

ZUG, Switzerland, Aug. 28, 2025 /PRNewswire/ — MANTRA, a layer 1 blockchain purpose-built for tokenized real world assets (RWAs), today announces the first tranche of its buyback of OM tokens, supported and funded by a group of its key investors and stakeholders, via a $25,000,000 (minimum) commitment.

This first buyback follows Inveniam’s recent $20 million investment in MANTRA to advance institutional market infrastructure, and increase private real world asset participation and adoption. Combined, these two announcements reflect a minimum $45 million commitment.

The strategic buyback reflects the key partners’ continued belief and confidence in MANTRA’s ecosystem, as well as the long-term value and sustainability of the OM token. Today’s announcement confirms MANTRA CEO and Founder, John Patrick Mullin’s statement in April 2025 that a strategic token buyback was planned and would occur.

From 27 August, 2025, MANTRA AG, MANTRA Chain Association’s wholly owned subsidiary, will execute the buyback transparently over several months until all the proceeds have been fully deployed. Recurring buy orders at, or near, current market prices, will be placed by well regarded independent trading firms, across publicly traded centralized exchange venues. Upon completion of each tranche, all purchased OM tokens will be withdrawn from exchanges as ERC20 tokens, migrated to MANTRA Chain mainnet, and staked with MANTRA’s validator set.

Periodic progress updates will be provided via MANTRA’s X account, as the buybacks are executed and completed. The wallets storing the repurchased and staked OM will be published via the OM token dashboard.

At current prices, the total value of the repurchasing program corresponds to roughly 110 million OM. This would account for roughly 10% of OM’s circulating supply.

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.

MANTRA holds a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), to operate as a Virtual Asset Exchange, as well as provide Broker-Dealer and Management and Investment Services.

This post MANTRA Announces Additional $25,000,000 Minimum Funding Commitment for First of Strategic OM Token Buybacks first appeared on BitcoinWorld and is written by chainwire

Market Opportunity
NEAR Logo
NEAR Price(NEAR)
$1,739
$1,739$1,739
-0,40%
USD
NEAR (NEAR) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

FCA komt in 2026 met aangepaste cryptoregels voor Britse markt

FCA komt in 2026 met aangepaste cryptoregels voor Britse markt

De Britse financiële waakhond, de FCA, komt in 2026 met nieuwe regels speciaal voor crypto bedrijven. Wat direct opvalt: de toezichthouder laat enkele klassieke financiële verplichtingen los om beter aan te sluiten op de snelle en grillige wereld van digitale activa. Tegelijkertijd wordt er extra nadruk gelegd op digitale beveiliging,... Het bericht FCA komt in 2026 met aangepaste cryptoregels voor Britse markt verscheen het eerst op Blockchain Stories.
Share
Coinstats2025/09/18 00:33
‘Groundbreaking’: Barry Silbert Reacts to Approval of ETF with XRP Exposure

‘Groundbreaking’: Barry Silbert Reacts to Approval of ETF with XRP Exposure

The post ‘Groundbreaking’: Barry Silbert Reacts to Approval of ETF with XRP Exposure appeared on BitcoinEthereumNews.com. A “combo” ETF  Crypto ETF trailblazer  Digital Currency Group founder Barry Silbert has reacted to the approval of the Grayscale Digital Large Cap Fund  (GDLC), the very first multi-crypto exchange-traded fund (ETF), describing it as “groundbreaking.”  “Grayscale continues to be the first mover, driving new product innovations that bridge tradfi and digital assets,” Silbert said while commenting on the news.  Peter Mintzberg, chief executive officer at Graysacle, claims that the team behind the world’s leading cryptocurrency asset manager is working “expeditiously” in order to bring the product to the market.  A “combo” ETF  The ETF in question offers exposure to Bitcoin (BTC), Ethereum (ETH), as well as several other major altcoins, including the Ripple-linked XRP token, Solana (SOL), and Cardano (ADA). XRP, for instance, has a 5.2% share of the fund, making it the third-largest constituent.  The fund initially debuted as a private placement for accredited investors back in early 2018, and its shares later became available on over-the-counter (OTC) markets.  In early July, the SEC approved the conversion of GDLC into an ETF, but it was then abruptly halted for a “review” shortly after this.  As of Sept. 17, the fund currently has a total of $915.6 million in assets.  Crypto ETF trailblazer  It is worth noting that Grayscale is usually credited with kickstarting the cryptocurrency ETF craze by winning its court case against the SEC.  The SEC ended up approving Bitcoin ETFs in early 2024 and then followed up with Ethereum ETFs.  Grayscale’s flagship GBTC currently boasts more than $20.5 billion in net assets, according to data provided by SoSoValue.  Source: https://u.today/groundbreaking-barry-silbert-reacts-to-approval-of-etf-with-xrp-exposure
Share
BitcoinEthereumNews2025/09/19 03:39
Signal No. 1 up in more than a dozen areas amid Tropical Storm Ada

Signal No. 1 up in more than a dozen areas amid Tropical Storm Ada

Storm Signal No. 1 has been raised in more than a dozen areas due to Tropical Storm Nokaen, locally named Ada, according to the Philippine Atmospheric, Geophysical
Share
Bworldonline2026/01/16 14:05