Layer 1 blockchain MANTRA has launched a startup accelerator program aimed at advancing the tokenization of real-world assets (RWAs), with backing from Google Cloud.
The initiative, dubbed RWAccelerator, offers startups funding, expert mentorship, AI-driven resources and technical support as they build solutions in sectors like real estate, financial products and alternative assets, the companies announced at Consensus Hong Kong.
The RWAccelerator comes at a pivotal time for the tokenized asset space. The World Economic Forum estimates that by 2027, 10% of the world’s GDP — around $10 trillion — could be stored on blockchain networks, with RWAs playing a major role in this shift.
“Our mission is really to build that bridge between kind of the large, planetary scale businesses that people use and are familiar with every day, particularly people who are not in the crypto space, and create that on ramp for those folks,” said…