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DAMAC, MANTRA and Dubai
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.
Dubai developer DAMAC, MANTRA collaborate to tokenise $1bn in real-world assets
MANTRA, a blockchain platform focused on real-world assets (RWAs), signed a deal with Dubai developer DAMAC Group to tokenise assets in the Middle East worth at least $1 billion, the two firms said.
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.
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
2d
Who Is the Developer Behind Trump’s $20 Billion Data Center Pledge?
Hussain Sajwani, the founder and chairman of DAMAC Properties of Dubai, built the first Trump-branded golf course in the ...
AGBI on MSN
13h
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 ...
Network World
6h
UAE company to invest $20B in U.S. AI data centers
A United Arab Emirates investment firm has pledged $20 billion to build new data centers targeting AI across a number of ...
The National on MSN
4h
Damac’s $20bn investment shows evolution of Trump’s close ties with Gulf
Emirati billionaire Hussain Sajwani's planned $20 billion investment in US data centres deepens ties he established with ...
3d
Dubai-based developer of Surfside collapse site plans $20B US data centers investment
Now, Sajwani, who has had close ties with Trump and his family over the years, seemingly has plans to supercharge the firm’s ...
2d
Many people are saying a luxury Dubai property developer will blow $20B on US datacenters
At a news conference on Tuesday, President-elect Donald Trump said Dubai-based luxury property developer DAMAC plans to ...
E&E
12h
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 ...
JD Supra
3h
Trump’s $20B Data Center Investment Announcement Underscores the Race for Data Center Capacity
Ahead of his inauguration at the end of January, President-elect Donald Trump announced that Damac Properties, controlled by Emirati ...
Trade Arabia
1d
Damac unit in big US data market expansion with $20bn investment
The Damac unit is set to initially pump $20 billion into the market with a plan to potentially double the investment based on ...
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