MANTRA has launched RWAccelerator, a new initiative designed to support Web3 founders by offering them resources such as funding, mentorship, and AI tools.
The accelerator is aimed at projects focused on tokenizing real-world assets (RWAs), providing a platform for entrepreneurs to innovate and grow. This program, backed by Google Cloud, is strategically focused on areas like real estate, finance, and alternative assets.
It comes at a time when the World Economic Forum forecasts that blockchain will manage a significant portion of global GDP by 2027, and RWAs are expected to be pivotal in this shift. MANTRA’s RWAccelerator will play a role in driving the integration of blockchain technology into these industries.
⚡️@MANTRA_Chain x Google Cloud Announce RWA Accelerator!
At Consensus, MANTRA CEO John Patrick Mullin (@jp_mullin888) & Head of Web3 Strategy at Google Cloud @RichJWidmann introduced a new RWA-focused accelerator to support builders in the MANTRA ecosystem.
• Capital &… pic.twitter.com/DsoMgeVJfv
— Cointelegraph (@Cointelegraph) February 20, 2025
The accelerator will allow applicants to choose among different focus areas, including infrastructure for tokenized RWAs, creating digital ownership solutions, and developing decentralized financial applications.
Participants will not only receive support from Google’s technical resources but will also benefit from MANTRA’s expertise in tokenomics, compliance, and exchange listings.
John Patrick Mullin, CEO of MANTRA, explained that the collaboration with Google Cloud is a valuable opportunity for startups to leverage advanced technology in pushing the boundaries of tokenization. Google’s Richard Widdman highlighted that the partnership is designed to nurture the next wave of Web3 projects, focusing on the innovation of tokenized assets.
Binance Futures has announced the addition of two new USD-margined perpetual contracts, FUNUSDT and MLNUSDT, expanding the selection of trading pairs on its platform.
South Korea’s crypto investor base has now surpassed 16 million, narrowing the gap with the number of stock investors in the country.
Cryptocurrency exchanges that introduce altcoins may find themselves trapped in an endless cycle of listing speculative tokens, particularly memecoins, warns Alex Leishman, CEO of River Financial.
A major U.S. bank is facing legal action for allegedly mishandling customer funds, which led to a financial crisis that left 85,000 individuals unable to access their savings.