MANTRA, a layer 1 blockchain built for tokenized Real-World Assets (RWAs), has launched the RWAccelerator, a startup accelerator program designed to empower builders and startups in the growing field of asset tokenization. Backed by Google Cloud, the RWAccelerator provides participants with investment capital, mentorship, dedicated AI support, and access to Google Cloud's advanced infrastructure.
The launch of this accelerator program highlights MANTRA’s strategic focus on driving development, innovation, and adoption in the RWA tokenization space, which is expected to play a significant role in the future of global finance. According to the World Economic Forum (not my preferred source to quote but oh well), by 2027, approximately 10% of the world’s GDP—around $10 trillion—will be stored on blockchain networks, with RWAs at the forefront of this transformation.
The RWAccelerator Program
The RWAccelerator is designed to support startups focused on the tokenization of Real-World Assets, including real estate, financial products, and alternative assets. The program offers three themed tracks:
Infrastructure – For projects developing the foundational technology needed for blockchain scalability and security.
Tokenization – Targeting startups focused on digitizing physical assets for secure and transparent ownership.
DeFi – Empowering projects that create decentralized financial products, bridging the gap between traditional finance and blockchain technology.
Selected participants will receive:
Investment capital to accelerate growth and development.
Mentorship from industry experts, including members of the MANTRA team who offer strategic guidance on smart contracts, tokenomics, legal compliance, and more.
AI support and cloud resources from Google Cloud, including cloud credits, technical workshops, and hands-on assistance from Google engineers.
Applications for the first cohort are open until March 20, 2025, with selected participants starting the three-month program at an in-person summit in Dubai. The second cohort's applications will open on March 20, 2025.
Why RWAs and Why Now?
The global financial industry is undergoing a transformation as more physical assets are being digitized on blockchain networks. Real-World Assets (RWAs) are at the forefront of this change, offering enhanced transparency, improved liquidity, and increased efficiency in trading and ownership transfers.
According to the World Economic Forum, by 2027, approximately 10% of the world’s GDP will be stored on blockchain networks. The tokenization of RWAs is set to revolutionize traditional financial systems, offering secure and transparent solutions for real estate, commodities, and alternative assets.
The RWAccelerator is strategically positioned to support this transition by empowering startups to build and innovate in this emerging market. By leveraging Google Cloud's cutting-edge technology and MANTRA's blockchain expertise, the program aims to bridge the gap between decentralized finance and traditional finance.
Strategic Partnership with Google Cloud
The RWAccelerator is backed by Google Cloud, providing participants with exclusive access to Google’s cloud infrastructure, resources, and technical support. As part of the Google for Startups Cloud Program, participants will receive:
Cloud credits to support scalable development and testing.
Technical workshops and guidance led by Google engineers.
AI support and infrastructure, helping startups harness machine learning and big data analytics to build innovative solutions.
This collaboration aims to create a robust environment for Web3 startups, enabling them to experiment, scale, and bring transformative blockchain solutions to market.
CEO Insights: Driving Financial Innovation
John Patrick Mullin, CEO of MANTRA, emphasized the strategic significance of the RWAccelerator, stating:
“This is a powerful opportunity for startups to harness cutting-edge technology and gain access to resources and mentorship. With support from Google Cloud, the RWAccelerator will allow startups to reach new heights and significantly contribute to the wider Web3 community.”
Richard Widdman from Google Cloud echoed this sentiment, highlighting the importance of fostering a collaborative ecosystem that empowers startups to innovate and redefine financial markets through blockchain technology.
A Logical Step After the VARA License
The launch of the RWAccelerator follows MANTRA’s recent achievement of securing a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). This license allows MANTRA to operate as a Virtual Asset Exchange and offer Broker-Dealer and Investment Services, further solidifying its strategic position in the Middle East’s rapidly growing Web3 ecosystem.
The RWAccelerator complements this regulatory milestone by creating a platform that encourages innovation, development, and adoption of RWA tokenization solutions. It also positions MANTRA as a key player in bridging the gap between traditional finance and decentralized finance.
Application and Participation Details
Applications for the first intake of the RWAccelerator are open from now until March 20, 2025. Selected participants will be notified by April 1, 2025, and the three-month program will commence with an in-person summit in Dubai. Applications for the second cohort will open on March 20, 2025.
Participants can apply via the MANTRA RWAccelerator Website. The program seeks innovative startups and entrepreneurs with a strong interest in RWAs, DeFi, and tokenization technologies.
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