Mantra Chain’s $25 million Buyback Targets RWA Leadership Post-Crash

Planck

- Mantra Chain unveils $25 million OM token buyback as part of a $45 million revival plan.
- Strategy incorporates EVM-compatible blockchain, token migration, asset tokenization, and a yield-bearing stablecoin.
Mantra Chain has outlined an ambitious revival strategy aimed at restoring institutional confidence and revitalizing its decentralized finance (DeFi) ecosystem. Following a crash that severely disrupted its trajectory earlier this year, the project is pivoting toward financial recovery and technical innovation.
On August 27, 2025, Cryptopolitan reported on Mantra Chain’s $45 million initiative, which includes a $25 million buyback of its native OM token. Inveniam, a blockchain platform specializing in tokenizing real-world assets (RWA), provided $20 million of this funding. Mantra Chain will leverage on-chain mechanisms for the buyback to enhance transparency and bolster institutional trust, demonstrating the project’s commitment to rebuilding confidence in its ecosystem.
As a key part of its strategy, Mantra Chain will launch a new Ethereum Virtual Machine (EVM)-compatible Layer-1 blockchain in mid-September. This new platform will integrate applications from the Ethereum ecosystem, boosting its technical capabilities and enabling the hosting of interoperable decentralized applications (dApps). The move aims to position Mantra Chain as a competitive player in scalable, cross-chain blockchain solutions.
Mantra Chain will phase out its existing ERC-20 OM tokens, requiring holders to migrate to the new blockchain by January 16, 2026, to continue using OM tokens within the updated ecosystem. This migration ensures alignment with the project’s modernized infrastructure and interoperability goals.
The revival strategy also introduces a yield-bearing stablecoin to enhance liquidity and incentivize participation within the network. Combined with a focus on RWA tokenization, the stablecoin aims to attract real-world asset-backed tokens to the new blockchain, an approach intended to drive growth and adoption in the marketplace.
According to CoinMarketCap, Mantra Chain’s OM token trades at $0.233 as of 21:15 UTC on August 27. This price marks a 1.6% increase over the past 24 hours. Meanwhile, the project’s 24-hour trading volume has surged by 214.4%, reflecting heightened market activity around its anticipated developments.
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