Mantra- Blockchain for RWA tokenization

MANTRA DAO is a decentralized application built on Rio Chain, a Substrate-based blockchain infrastructure that is interoperable with the Polkadot network.

MANTRA Chain combines regulatory compliance, interoperability, and Cosmos SDK to support digital and real-world assets. MANTRA and Zand will focus on defining clear frameworks for RWA  tokenization, in compliance with the Virtual Asset Regulatory Authority of Dubai (VARA).

Recent news

Zand Bank signed an MOU with Mantra for RWA compliance in the UAE.

MANTRA Chain combines regulatory compliance, interoperability, and Cosmos SDK to support digital and real-world assets. MANTRA and Zand will focus on defining clear frameworks for RWA  tokenization, in compliance with the Virtual Asset Regulatory Authority of Dubai (VARA).

UAE Real Estate Giant MAG partners with MANTRA to tokenize $500 million in real estate Assets.

OMUSD was one of the best performers this week.

Any weekly close above $1.50 confirms further bullishness.

OMUSD surged more than 15% in the past two days It holds above the short-term (21 and 55 EMA) and above the long-term moving average. It hit a high of $1.013 and is currently trading around $0.9945.

The bullish invalidation can happen if the pair closes below $0.60. On the lower side, the near-term support is $0.90. Any break below the target of $0.77/$0.58. Any breach below $0.58 targets $0.30.

The pair's near-term resistance is around $1.20. Any breach above confirms minor bullishness. A jump to $1.50/$1.75 is possible. A surge past $1.75 will take it to $2.

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 It is good to buy on dips around $0.80 with SL around $0.58 for TP of $1.25/$1.50.