MANTRA to be acquired by Inveniam, backer that invested $20 million last year

MANTRA, the Layer 1 blockchain focused on real-world asset tokenization, is to be acquired by its strategic backer Inveniam Capital Partners, the companies announced Tuesday.

The deal comes after MANTRA's native token (MANTRA) suffered a major collapse in 2025, and then the company announced a restructure and layoffs. Before MANTRA's restructuring last August, Inveniam invested $20 million in the firm.

"We initially invested in MANTRA because we believed regulated blockchain infrastructure and AI-ready private market data belonged on the same stack. NVNM Chain, the Layer 2 we built together, adds to this proposition," Inveniam Chairman and CEO Patrick O'Meara said in a statement. "This acquisition positions us to be value additive to the global private markets ecosystem faster."

MANTRA possesses a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA) and can operate as a digital asset exchange and "provide broker-dealer, management, and investment services," according to a statement.

The companies expect the acquisition to close in the third quarter of this year.