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Mantra (OM) Price Surges 10% After Binance Joins as a Mainnet Validator


by Ikemefula Aruogu
for CoinEdition
RWA tokenization platform Mantra (OM) announces that crypto exchange Binance has become a mainnet validator.
  • Mantra has added Binance to its mainnet as a validator.
  • Binance will improve Mantra’s security and decentralization.
  • Mantra’s native token surged nearly 10% after the announcement of Binance’s addition.

Mantra, a real-world asset (RWA) tokenization platform, has added Binance to its mainnet as a validator. 

According to reports, the move is designed to enhance the network’s security and decentralization by adding more external partners to its validator set. 

The comeback. OM’s current rally is even more impressive when you know the backstory. Here’s our past report on the 92% crash that almost wiped out OM.

Binance’s partnership an endorsement for Mantra

Blockchain analysts and broader crypto community members consider the latest development pivotal to Mantra’s existence. They believe it signals the tokenization platform’s commitment to building robust infrastructure and promoting further decentralization within the blockchain ecosystem.

For context, Mantra is a leading player among blockchain networks that bring traditional assets, such as real estate, art, and commodities, onto the blockchain. The blockchain solution enables the tran…

The post Mantra (OM) Price Surges 10% After Binance Joins as a Mainnet Validator appeared first on Coin Edition.

Read the article at CoinEdition

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Mantra (OM) Price Surges 10% After Binance Joins as a Mainnet Validator


by Ikemefula Aruogu
for CoinEdition
RWA tokenization platform Mantra (OM) announces that crypto exchange Binance has become a mainnet validator.
  • Mantra has added Binance to its mainnet as a validator.
  • Binance will improve Mantra’s security and decentralization.
  • Mantra’s native token surged nearly 10% after the announcement of Binance’s addition.

Mantra, a real-world asset (RWA) tokenization platform, has added Binance to its mainnet as a validator. 

According to reports, the move is designed to enhance the network’s security and decentralization by adding more external partners to its validator set. 

The comeback. OM’s current rally is even more impressive when you know the backstory. Here’s our past report on the 92% crash that almost wiped out OM.

Binance’s partnership an endorsement for Mantra

Blockchain analysts and broader crypto community members consider the latest development pivotal to Mantra’s existence. They believe it signals the tokenization platform’s commitment to building robust infrastructure and promoting further decentralization within the blockchain ecosystem.

For context, Mantra is a leading player among blockchain networks that bring traditional assets, such as real estate, art, and commodities, onto the blockchain. The blockchain solution enables the tran…

The post Mantra (OM) Price Surges 10% After Binance Joins as a Mainnet Validator appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Binance CEO Richard Teng Heads to South Korea as Regulatory Scrutiny Rises

Binance CEO Richard Teng Heads to South Korea as Regulatory Scrutiny Rises

Richard Teng, CEO of Binance, is expected to visit South Korea next week, where he’ll...
Jerome Powell Signals Fed Rate Cuts as Employment Data Shifts

Jerome Powell Signals Fed Rate Cuts as Employment Data Shifts

Detail: https://coincu.com/markets/jerome-powell-fed-rate-cuts-signal/