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DAMAC, MANTRA and Blockchain
MANTRA Partners with DAMAC for $1B Asset Tokenization Deal
MANTRA partners with DAMAC for a $1B asset tokenization deal. It expands blockchain technology in real estate and investment opportunities.
MANTRA Blockchain to Tokenize $1B of Real-World Assets for UAE-Based Property Firm DAMAC
The deal will allow token-based financing of DAMAC's wide range of portfolio companies that includes real estate development, hospitality and data centers.
Dubai developer DAMAC signs $1 bln deal with blockchain platform MANTRA
MANTRA, a blockchain platform focused on real-world assets (RWAs), has signed a deal with Dubai developer DAMAC Group to tokenise assets in the Middle East worth at least $1 billion, the two firms said on Thursday.
Damac’s $1 billion blockchain bet to tokenize your real estate dreams
UAE’s Damac Properties and blockchain firm Mantra announced a $1 billion partnership to tokenize real estate. What does this mean in the real world? You could soon buy a slice of luxury property for $100 worth of crypto — stablecoins, Bitcoin, whatever suits your wallet.
DAMAC partners with MANTRA to tokenise $1bn in real-world assets
The DAMAC Group assets will be available on MANTRA Chain in early 2025, exclusively through the blockchain platform
MANTRA, DAMAC Group Ink US$1 Billion Deal To Tokenize Assets
MANTRA, a purpose-built layer 1 blockchain for tokenized real-world assets (RWAs), has signed a US$1 billion agreement with the Dubai-headquartered investment conglomerate DAMAC Group to tokenize asse
DAMAC, Trump
Who is DAMAC? The company investing $20B in Midwest, Sun Belt data centers
President-elect Donald Trump on Tuesday announced that a company from the UAE will invest $20 billion to build data centers in the U.S., primarily in the Midwest and Sun Belt.
UAE’s Damac founder praises Trump after $20B US data center pledge
Joining Trump for a rally in Florida on Tuesday, Sajwani, the president-elect’s self-styled right-hand man in the Middle East, announced that his company would invest at least $20 billion in new US data centers from Arizona to Ohio.
President-elect Trump announces Damac to invest $20 billion in US data centers
UAE property firm Damac is to invest billions of dollars into developing data centers in the US. Speaking from his Mar-a-Lago resort in Palm Beach, Florida, President-elect Donald Trump announced the company would be investing “at least $20 billion over a very short period of time” into data centers.
AGBI on MSN
3h
Damac to tokenise $1bn in real estate
Damac Group, the Dubai property company, has partnered with the Hong Kong-based blockchain platform Mantra to tokenise assets ...
E&E
2h
Tycoon’s wild plan for US data centers ignores grid reality
President-elect Donald Trump's breezy rollout this week of a Dubai real estate developer's $20 billion pledge shows the chasm ...
1h
Emirati billionaire and Trump ally sees more Gulf investments into US under new president
Emirati billionaire Hussain Sajwani said on Friday he expects more investments from the oil-rich Gulf into the U.S. as ...
1d
on MSN
'The sky is the limit' on Damac investment in the U.S., Dubai property giant's chief says
"We can use initially our own financial resources, but then [in the] second phase we can use [a] third party's money," ...
2d
Exclusive: Trump’s Dubai Billionaire Pal Discusses His Promise To Invest $20 Billion Into U.S.
U.A.E. real estate tycoon and Trump pal has a history of audacious projects, but can he come up with the pledged $20 billion?
2d
A Flurry of Announcements Signal That the Trump Family Will Keep Making Deals
Even before the start of the new administration, there has been repeated blurring of lines between the federal government ...
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