Mantra to Tokenize $500M Real Estate Assets for UAE Builder MAG Group

Mantra, which is focused on the Middle East, will tokenize the assets in multiple tranches. The first tranche will include a residential project, Keturah Reserve, which is being built by MAG in Meydan, Dubai. The tranche will also package a $75 million mega-mansion at ‘The Ritz-Carlton Residences, Dubai, Creekside’ development.

Original Source: https://www.coindesk.com/business/2024/07/03/mantra-to-tokenize-500m-real-estate-assets-for-uae-builder-mag-group/?utm_medium=referral&utm_source=rss&utm_campaign=headlines