Mantra Partners with Novus to Unlock Aviation Asset Tokenization

IconCryptoNewsTerminal Staff15 Aug, 2024

cryptonews.jpg

Mantra Partners with Novus to Unlock Aviation Asset Tokenization

Mantra, a layer-1 blockchain focused on real-world assets (RWAs), has joined forces with Novus Aviation Capital, a private aircraft leasing and financing platform, to tokenize aviation assets. Mantra's blockchain infrastructure will be utilized for this purpose. By leveraging blockchain technology, Novus aims to enhance transparency and efficiency in aircraft asset management. This collaboration marks a significant step towards the adoption of blockchain in the aviation industry, paving the way for innovative financing and investment opportunities.