Earlier this week, we shared that Inveniam, a leading data infrastructure platform for private market assets, made a strategic investment in MANTRA. It’s an investment that makes them a key stakeholder in the MANTRA ecosystem - joining Shorooq, Laser Digital and other strategic institutional partners in their continued belief in, and support of MANTRA’s long-term success.

This strategic partnership with Inveniam is one I firmly believe gives us an even stronger foundation, upon which we will continue building and bringing more of the world onchain - it gives us a distinct strategic advantage as we navigate new markets. I’m excited for the integrations that will bring our two ecosystems together, and the opportunities that will exist for the asset owners, investors, and developers we work with.

As explained in Tuesday’s press release, Inveniam is no stranger to tokenization. They’ve been working in this space since 2016. In 2017 they tokenized the first global common stock issuance, before going on to facilitate a significant tokenized debt transaction in February 2018. Additionally, Inveniam has the largest portfolio of patents on how chains and smart contracts interface with data. As their past partnership, investment, and acquisition announcements show, they are no stranger to this space. 

They have a track record of working with ecosystem participants and adding value to builders and innovators. Their words, not mine. It’s a value they have seen in us and one they stand by. No doubt boosted by the tremendous amount of due diligence and research they’ve conducted on our firm, our operations, and the events surrounding April 13. They went deep. 

“We have been in discussions with MANTRA for some time. As we watched third party bad actors prey upon excellent builders and founders, we leaned in. In our diligence, we have found MANTRA to be a fundamentally excellent chain with great management, regulatory clarity, institutional focus, and the right partners.” 

“We saw an exceptional opportunity to invest, partner, and support the right type of technologists, long-term builders, and crypto native operators.  This partnership provides MANTRA with the capital and throughput needed to focus upon and scale its ecosystem and further develop its position as a leading layer 1 blockchain for real world assets. This foundational step enables trillions of dollars in private assets to operate in digital environments, thereby ushering in a new generation of products for global allocators, builders, and hyper-scalers.”

Patrick O'Meara, Chairman and CEO of Inveniam.  

I’d like to note that our discussions with Inveniam predate April 13, and although they could have halted their conversations with our team in a moment of severe uncertainty, they pressed on. To Pat and his team, a heartfelt thank you. 

The past few months have been beyond difficult. I could describe the obstacles, unique challenges and hours clocked. I won’t. However, I firmly believe that if you’re not challenged, you’re not growing, and you’re certainly not getting better. Like many aspects of life, change comes from doing the hard work and digging deep. 

The MANTRA team has truly dug deep and shown an unwavering commitment to our project, and to our community. Their unity shown in such unprecedented circumstances has been unmatched and beyond my expectations. 

Trust is everything. It is earned and built through actions, by taking responsibility, and being accountable. So let’s talk about changes, because they’ve been happening, and even more are en route.

Over the course of the past months, we’ve been doubling down on transparency, the continued decentralization of MANTRA Chain and our commitment to the community. I would like to share some highlights that are in no way limited to;

The significant improvements we’ve made regarding governance, with more planned in the coming weeks and months. We’ll keep winding down internal validators and welcoming new ones. Shout out to Nansen, who recently joined our validator set, with many more on the way. 

Our ecosystem continues to expand. 

‍Binance’s integration with MANTRA’s mainnet was a significant moment for us. Many do not know this but they were set to integrate the day the incident occurred. This integration 

marked the first time the world’s largest exchange integrated a real world asset blockchain. Additionally, our expansion into South Korea has continued. $OM is now listed on, and our mainnet integrated with, not just on one, but two exchanges in South Korea - Upbit and Bithumb. These were tremendous moments - not just because the region is home to one of the most highly engaged communities in the world - but because of the rigorous due diligence South Korean exchanges conduct.

On the technology front, during a period of high volatility, and with transaction records at all-time highs MANTRA Chain continued to operate without interruption, reflecting the strength of the chain. It’s a strength we’ve kept building upon.  

Last month, MANTRA Chain became fully EVM-compatible, making it the first purpose-built MultiVM layer 1 blockchain for real world assets. It’s already on our Dukong testnet, with mainnet due in Q3. So far, it’s been a win for developers, as well as an important step for those seeking to seamlessly bring their Ethereum projects across to MANTRA with minimal adjustments. 

Additionally, we’ve released MANTRA Scan, our MultiVM block explorer - the first of its kind in our ecosystem, bringing EVM and CosmWasm transactions together in one location. Additionally, our real-time dashboard provides information at any time, anywhere, to those seeking to learn more on $OM’s tokenomics.

With changes and challenges also come lessons. We’ve certainly learned more than a few. We’re excited to continue doubling down on our relationships and collaborations with the good actors in the space, while distancing ourselves from bad actors and fair weather friends. As it’s been said, “In prosperity, our friends know us; in adversity, we know our friends.” 

To those who stuck by our side and continue to do so, thank you. The amount of support we have received and continue to receive has been tremendous. 

Over the course of the next few weeks and months, we’ll continue building, and providing you with updates on our work with Inveniam. Products, integrations, community initiatives, OM token value accrual mechanisms and much more are coming. 

But as you know, the job’s not finished. 

It’s officially c🕉️eback szn. 

JPM.