Real-world asset tokenization blockchain MANTRA and decentralized data infrastructure provider Inveniam Capital Partners have announced the launch of Inveniam Chain, a new layer-2 blockchain purpose-built for managing and utilizing private real estate assets, starting with commercial real estate (CRE). This marks the first layer-2 chain on MANTRA's infrastructure and aims to tap into the $27 trillion private CRE market by enabling data structuring, hashing, and credentialing for trillions of proprietary data points.
The L2 blockchain targets artificial intelligence and decentralized finance ecosystems, supporting assets native to MANTRA (OM) as well as those on other networks like Ethereum, Avalanche, Hedera, Ripple (XRP), and ZK Sync. It leverages Inveniam's decentralized data management platform, Inveniam IO, for real-time monitoring and proof mechanisms, including Proof of Origin, State, and Process, to enhance data integrity and transparency.
John Patrick Mullin, CEO and founder of MANTRA, stated, "By combining MANTRA's RWA-focused Layer 1 infrastructure with Inveniam's deep expertise in private market data, Inveniam Chain has the potential to redefine how assets are tokenized, traded, and valued." The chain is now live in testnet and operates under MANTRA's Interchain Security for enterprise-grade protection, inheriting MANTRA Chain's validator set to ensure trust and scalability.
This development follows MANTRA's recent mainnet upgrades, which made it the first blockchain to natively support both Ethereum Virtual Machine and CosmWasm smart contracts, and its registration as a Virtual Asset Service Provider in the UAE, bolstering its regulatory compliance.
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