blockchain network Mantra has announced the launch of a $109 million (108,888,888 USD) ecosystem fund aimed at accelerating the development of entrepreneurial projects in the tokenization of real-world assets (RWA) and decentralized finance (DeFi) sectors.

The fund will invest in "high-potential blockchain projects" globally over the next four years. Investors include institutions such as Laser Digital, Shorooq, Brevan Howard Digital, Valor Capital, Three Point Capital, and Amber Group.