Layer 1 Blockchain Mantra Receives Strategic Investment from Laser Digital

IconCryptoNewsTerminal Staff23 May, 2024

cryptonews.jpg

Layer 1 Blockchain Mantra Receives Strategic Investment from Laser Digital

Keywords: Layer 1, Mantra, Laser Digital, Blockchain, Cryptocurrency ## Layer 1 Blockchain Mantra Secures Investment from Laser Digital Layer 1 blockchain solution Mantra (MANTRA) has announced that it has received a strategic investment from Laser Digital, the cryptocurrency subsidiary of Japanese financial group Nomura Holdings. The specific amount of the investment was not disclosed. Mantra plans to use the funds to expand its operations into the Middle East and Asian markets. The company believes that these regions have a strong potential for blockchain adoption. Mantra is a Layer 1 blockchain that is designed to provide scalability, security, and low transaction fees. The platform is used to develop a variety of decentralized applications, including DeFi, NFTs, and gaming. Laser Digital is a leading provider of cryptocurrency services in Japan. The company offers a range of services, including custody, trading, and investment. The investment from Laser Digital is a significant endorsement of Mantra's technology and team. It is also a sign of the growing interest in Layer 1 blockchain solutions from institutional investors.

Related News