MANTRA Teams Up with Novus Aviation Capital to Boost RWA Tokenization Efforts in the Aviation Financing Arena.
In Brief
MANTRA has entered into a Memorandum of Understanding with Novus Aviation Capital to expedite the tokenization process for assets in the aviation financing sector.
This Layer 1 blockchain is specifically built to focus on the realm of real-world assets (RWA). MANTRA It has been officially stated that a Memorandum of Understanding has been signed with a privately-owned platform dedicated to aircraft leasing. This partnership is designed to fast-track the tokenization of assets in the substantial $200 billion aviation financing market. Novus Aviation Capital John Patrick Mullin, the founder and CEO of MANTRA, expressed to Cryptocurrencylistings, 'Our strategic alliance with Novus Aviation Capital paves the way for introducing a novel asset class to the RWA space, making aviation finance more accessible to everyone. MANTRA's specially designed infrastructure will empower users to tap into the vast opportunities that tokenization offers in the aviation financing realm. By incorporating tokenized aviation assets into our growing RWA ecosystem, we aim to provide investors with diversified portfolios and reduce risk through fractional ownership.'
Novus Aviation Capital stands as a robust platform recognized for offering innovative solutions in the areas of trading, leasing, financing, managing, and remarketing of commercial aircraft.
Its mission revolves around crafting and providing effective leasing and financing solutions throughout the entire capital structure tailored for airlines, lessors, and manufacturers. With its collaboration with MANTRA, Novus aims to delve into new distribution avenues and leverage tokenization models to drive forward financial innovation.
'Our goal is to continuously innovate in collaboration with our partners and investors, aiming for optimal and resilient risk-adjusted returns in the aviation sector. Working with MANTRA allows us to investigate the advantages of tokenization in aviation investments, with the intention to expand the investor base for this sought-after asset class and streamline the purchasing, financing, and trading processes related to aircraft,' remarked Mounir Kuzbari, Co-CEO of Novus Aviation Capital, in an official statement.
MANTRA: Your Portal to RWA Tokenization.
This platform is architected to adhere to and enforce regulatory standards pertaining to real-world assets. It equips developers and institutions with the necessary tools to engage in the burgeoning RWA tokenization field, extending advanced technological modules, compliance structures, and seamless cross-chain functionality.
It is a blockchain platform Earlier this year, the initiative successfully raised $11 million in a seed fundraising round, attracting leading investments from Shorooq Partners, Caladan, Three Point Capital, and several other distinguished backers.
In a related note, the firm has partnered with MAG, a prominent UAE-based real estate developer, to promote the tokenization of MAG's extensive real estate portfolio.
Recently, the platform collaborated Please note that the information presented here is not meant to serve as legal, tax, investment, financial, or any other form of advice. It is crucial to invest only what you can afford to lose and to seek independent financial guidance if you have any uncertainties. For further information, we recommend reviewing the terms and conditions and the support resources offered by the relevant issuer or advertiser. MetaversePost strives for accuracy and objectivity in reporting, but market conditions may fluctuate without prior notice.
Disclaimer
In line with the Trust Project guidelines Alisa, a passionate journalist with Cryptocurrencylistings, focuses on cryptocurrency, zero-knowledge proofs, investments, and the vast Web3 universe. With an eye for emerging trends and cutting-edge technologies, she provides in-depth coverage to keep readers informed and engaged in the dynamic digital finance landscape.