Over the summer, I shared the improvements the team has been making to MANTRA Chain, our operations and ecosystem, all guided by our vision of bringing the world’s financial ecosystem onchain. Most notably, we've made MANTRA Chain’s testnet fully EVM-compatible, signaling a game-changing moment for our ecosystem. 

Additionally, we released news of our strategic partnership with Inveniam, a global leader in decentralized data infrastructure for private market assets last week. This included a $20 million investment in MANTRA to deliver private real world assets (RWAs) packaged with real time asset reporting and surveillance to DeFi and institutional capital allocators. 

This partnership provides our team with additional capital and resources to focus on our products, and scale our ecosystem. 

Which brings me back to the MANTRA Chain roadmap and EVM compatibility. 

The benefits of MANTRA Chain becoming fully EVM-compatible are significant - think low fees, high throughput, and enhanced liquidity. With full Solidity support, and with all standard EVM opcodes included, this work has made MANTRA Chain the first purpose-built MultiVM layer 1 blockchain for real world assets. It’s a foundational win for our community, our ecosystem and our team. 

Fast forward to this month, and I’m sharing a look at where our efforts will be focused for the second half of 2025, and into 2026. It’s a high level look into what we’re building, our strategy and the steps we’ll be taking to deliver it.

First up, who we’re building for

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We’re focused on solving real problems for three key groups all seeking to bring their real world assets onchain and into the decentralized era of finance. 

• If you’re an asset owner who finds raising capital slow, bureaucratic and wants to reach a global audience, this is for you. 

• If you’re an investor tired of crypto projects without real world yield and seeking access to solid investment opportunities from around the globe, this is for you. 

• If you’re a developer looking for a simple way to build applications that connect with regulated financial products, yes, this is also for you. 

Our success depends upon creating a thriving ecosystem for all three cohorts. 

Now, let's talk about the tech

Aside from our people, our biggest advantage is our technology. 

Today, most EVM chains rely on a centralized sequencer, meaning one entity controls the transaction order. That’s a central point of failure. We hear about KYC (Know Your Customer) all the time, but equally important? KYV (Know Your Validator). Let me break that down.

We use a combination of CometBFT, IBC and EVM. 

Here’s what that means in plain terms, and what makes MANTRA Chain different.

1. Truly Decentralized Validators (CometBFT): You get a diverse and secure set of validators, not just one company in the middle.

2. Trustless Bridging (IBC): We can connect to an ever-expanding ecosystem of other chains securely. Removing the limitations of local liquidity constraints, and without relying on risky third-party bridges.

3. The World's Standard (EVM): We support the development standard that every crypto builder is familiar with. As mentioned, we’ve made MANTRA Chain EVM-compatible. It’s live already on testnet, and we are targeting September for mainnet. 

Crucially, this stack allows us to bake compliance features like KYC directly into the protocol, thereby making MANTRA the safest, most secure, and most compliant place to build and invest in regulated RWAs. 

If you’re a developer, the time to build on our chain is now. Get started here. 

How this work will differentiate MANTRA 

We’re hyperfocused on making MANTRA (a) the safest place to invest in RWAs and (b) the easiest to distribute RWAs compliantly, with five key elements contributing to that position.  

1. Licensing. MANTRA is the only DeFi protocol to successfully obtain a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), to operate as a Virtual Asset Exchange, as well as provide Broker-Dealer and Management, and Investment Services. These three licenses give us an advantage over other DeFi firms and protocols to give investors what they need to enter the RWA space -  trust and confidence. 

2. Our EVM Compatibility. As explained above, MANTRA Chain is the first purpose-built MultiVM layer 1 blockchain for real world assets, with both CosmWasm and EVM running. It’s live on testnet at the moment, and scheduled to arrive on Mainnet in September. 

3. Ecosystem dApps. In Q3, we’ll be launching a storefront, designed to easily onboard investors, handle bridging and the selling of RWAs. Currently we’re filling out the rest of our ecosystem with dApps to give asset owners, and investors as many composability options as possible. Think bridges, DEXs, lending and borrowing, perp trading, yield aggregation and more. 

4. Real Yield. We recognize that all existing liquidity exists in DeFi hubs, which is why we’re exploring a variety of yield coin solutions. Their value and yield will be backed by RWAs, and composable in all of the major DeFi apps. 

5. Secondary Liquidity. We’re building a marketplace for assets on our chain, thereby giving investors flexibility with their investments.

Key moments and milestones to bring it together

To deliver upon the outcomes we need to succeed, we've set three initial milestones - M1, M2, and M3. Below is a high-level breakdown of each. 

M1 is already underway  

Our immediate focus is launching EVM compatibility on Mainnet, followed by delivering our first regulated offerings under our VARA license. We are launching several tokenized assets that investors can purchase, all powered by EVM compatibility. The first product will be a unique funding of e-bike fleets for Dubai’s food delivery scene; this will result in more than 500,000 e-bike powered food orders zipping around the UAE daily, cleaner e-bikes will cut costs and carbon, and at a serious scale. More offerings in a number of asset classes will be following very shortly. 

All of these sales will happen on our new MANTRA.finance web app; including an intuitive UX for KYC, purchasing RWAs, and analysing your yields.

M2 and M3 will build upon this

In M2, we will focus on expanding our dApp and partnership ecosystem. Then in M3, we’ll launch a variety of real world yield bearing opportunities, backed by RWAs and establish deep secondary liquidity by partnering with the best DEXs and Oracles.

And this is how it comes together. 

• M1 brings EVM compatibility to mainnet, followed by the first tokenized assets and investors. 

• M2 begins attracting an ecosystem of dApps.

• M3 provides investors with exciting new liquidity options that will kick off a powerful, self-sustaining flywheel

We’re focused, we have the right tech, team and partners, and as our efforts have demonstrated, we are committed to making MANTRA the home of real world assets. 

If you're an asset owner, investor, or developer, and our work speaks to you, let us know. 

Let’s keep building. It’s c🕉️eback szn.

JPM 

CEO and Founder, MANTRA