🤑 Posh Blockchain Chaps Throw Money Around Like Confetti in $108M RWA Bonanza! 🎭

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I say, what-ho! The most extraordinary thing has happened in the blockchain world, old bean. This outfit called MANTRA – frightfully modern name, what? – has decided to splash out like a tipsy duke at the casino. 🎰

Picture this, if you will: On a perfectly splendid Monday, April 7th, while most of us were nursing our weekend hangovers with a restorative brandy and soda, these MANTRA johnnies announced they’re tossing about $108.8 million into the ring, like it’s merely pocket change for the club’s annual duck race. The whole affair is meant to last four years, rather like one of my Aunt Agatha’s more tedious dinner parties. 🍸

The CEO chappie, one John Patrick Mullin (sounds like he could be a member of the Drones Club), has rounded up a rather impressive roster of investing partners. Rather like assembling a cricket team of millionaires, if you ask me. There’s Brevan Howard Digital, Amber Group, and a whole parade of other rather important-sounding establishments. 🎩

“By aligning with top investors and incubators,” says young Mullin, sounding terribly pleased with himself, “we’re practically throwing open the doors of the metaphorical country club to any bright spark with a good idea.” (I’m paraphrasing, but you get the gist, what?) 🧐

The whole thing centers around these “real-world assets” – a concept that makes about as much sense to me as Aunt Dahlia’s recipe for Yorkshire pudding. But apparently, it’s frightfully important. 📈

“We’re playing a non-zero-sum game,” declares Gideon Daitz, sounding rather like a mathematics professor who’s had one too many at the faculty punch bowl. 🎲

Dubai Adventure: MANTRA Gets Its Papers

As if that weren’t enough to set the cat among the pigeons, these MANTRA fellows have gone and secured themselves some sort of license in Dubai. Rather like getting permission to serve drinks at the Drones Club, only with considerably more palm trees and significantly less rain. 🌴

And The mind positively boggles, what? 🤯

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2025-04-07 17:27