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Institutional Confidence Drives $45M OM Token Buyback for MANTRA Ecosystem

Institutional Confidence Drives $45M OM Token Buyback for MANTRA Ecosystem

ainvest2025/08/29 09:03
By:Coin World

- MANTRA announced a $45M OM token buyback, including $25M from its first tranche and $20M from Inveniam, to boost token value. - The program will repurchase ~110M OM tokens (10% of circulating supply), staking them on MANTRA Chain to enhance scarcity and utility. - Institutional confidence is reflected in the buyback, aligning with MANTRA's RWA ecosystem expansion and regulatory compliance under Dubai's VARA license. - Despite a 73.73% YTD price drop, OM recently rose 2.3% in 24 hours, with $43.45M tradin

MANTRA has announced a $25,000,000 (minimum) funding commitment for the first tranche of its strategic OM token buyback, marking a significant development for investors and stakeholders in the MANTRA ecosystem. The buyback is being executed transparently over several months across publicly traded centralized exchange venues. This initiative is supported by key investors, including Inveniam, which recently contributed $20,000,000, bringing the total buyback commitment to $45,000,000 [1].

The strategic buyback reflects strong institutional confidence in OM and MANTRA's ecosystem for tokenized real-world assets (RWAs). The repurchase is expected to involve approximately 110 million OM tokens, accounting for roughly 10% of the token’s circulating supply. MANTRA AG, a wholly owned subsidiary of the MANTRA Chain Association, will oversee the buyback process. The purchased tokens will be withdrawn from exchanges, migrated to the MANTRA Chain mainnet, and staked with MANTRA's validator set [1].

This move aligns with broader market trends and investor sentiment. As of August 27, 2025, the price of OM is trading at $0.23, with a market capitalization of $244.80 million [2]. Despite a decline of 73.73% year-to-date, the token has shown recent short-term resilience, with a 2.3% increase in the last 24 hours. The trading volume for OM has also seen a surge, with $43.45 million in volume recorded in the past 24 hours and $316.30 million over the last seven days [2].

The buyback is viewed as a pivotal moment for MANTRA, as it signals a long-term commitment to value creation and ecosystem growth. MANTRA’s CEO and founder, John Patrick Mullin, emphasized the significance of the buyback in reinforcing the long-term utility of the OM token and returning value to token holders. The transparency of the process, including periodic updates and public staking of repurchased tokens, is intended to build trust and confidence among investors [1].

MANTRA operates as a Layer 1 blockchain purpose-built for real-world assets, supporting compliance with regulatory standards and facilitating cross-chain interoperability. The platform is licensed as a Virtual Asset Service Provider (VASP) by Dubai’s Virtual Assets Regulatory Authority (VARA), further reinforcing its institutional credibility [1]. The buyback initiative also complements MANTRA’s ongoing efforts to expand its RWA tokenization ecosystem and attract institutional participation.

The OM token's circulating supply stands at 1.1 billion, with a total supply of 1.7 billion tokens. The buyback program is expected to have a meaningful impact on supply dynamics, potentially enhancing the token’s scarcity and value proposition [2]. Investors will be closely watching how the buyback affects price trends and market confidence in the coming months.

Source:

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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