Mantle, a blockchain platform supported by Crypto Exchange Bybit is expanded to the rapidly growing assets
The Protocol’s Tokenization-As-Service Platform, which was revealed on Thursday at the Token2049 event in Singapore, offers a set of observational services such as licensed, well-known-your-customer’s (KYC) tools, legal structure and smart contracting installation, along with security monitoring and decentralized finances (DEFI) Integrations for Price During.
At the same time, the World Liberty Financial, the Blockchain Protocol with close relations with US President Donald Trump’s family, also announced that it would deploy its $ 2 billion USD1 stableecoin on Mantle Network.
“Rwas is no longer niche. With a $ 26 billion market today and trillion predicted by 2030, institutions run to put assets on chain,” Key Mantle adviser Emily Bao said in a press release. “Mantle builds the compatible infrastructure, liquidity access and developer programs needed to meet this demand head-on.”
The news came when Mantle quickly expands beyond being an Ethereum-Lay-2-Seconding Rail to a wider crypto ecosystem. The network is now closely embedded in Bybit’s popular trading platform, giving it exposure to millions of users and developing clock, a fintech application aimed at bridging krypto bridges with traditional financial services.
“Mantle is now sitting in the heart of Bybit’s ecosystem,” Ben Zhou, co -founder and CEO of Bybit, said in a statement. “Together we build an institutional bridge in full stack from Tradfi to DefiMed RWAs in the center.”
The network’s native token (MNT) climbed up to a fresh height of $ 2 of $ 2, an increase of 4.5% over the last 24 hours. It has been one of the best functioning cryptocurrency recently and achieved 73% over the past month.
Read more: ‘Tokenization will eat the entire financial system’ says Robinhood CEO
