According to Foresight News, the RWA tokenization project MANTRA has announced the completion of an $11 million financing round. The funding was led by Shorooq Partners, with participation from Three Point Capital, Forte Securities, Caladan, Virtuzone, Hex Trust, Token Bay Capital, GameFi Ventures, Mapleblock, Fuse Capital, and 280 Capital.

MANTRA also revealed that the MANTRA Chain incentive testnet Hongbai will be launched soon.