Connect with us

Hi, what are you looking for?

Webinar News NetworkWebinar News Network

Editor's Pick

MANTRA and WIN Investments Join Forces to Bring Real-World Sports Assets Onchain

MANTRA and WIN join hands – WIN Investments, a fintech platform that invented regulated sports digital assets, has partnered with MANTRA, a Layer 1 blockchain created especially for real-world assets (RWAs). This partnership aligns with MANTRA’s overarching objective of tokenizing RWAs through a regulatory-first approach, and represents a major step in the company’s expansion into the sports sector. Thanks to WIN’s creative ecosystem, investors and fans can now participate in the global football transfer market. Through a regulated framework, WIN issues digital securities and utility tokens linked to tangible assets, like the rights of professional athletes and clubs. The FIFA Solidarity Mechanism, which provides youth clubs with incentives when players they have trained are sent overseas, is utilized by the flagship product. This recurring income allows soccer clubs to further develop new talent, and enables investors to participate in future player transfer revenues. WIN is backed by Ripio Ventures and… Read More at Coingape.com

The post MANTRA and WIN Investments Join Forces to Bring Real-World Sports Assets Onchain appeared first on CoinGape.

You May Also Like

Investing

OpenAI is in talks to pay about $3 billion to acquire Windsurf, an artificial intelligence tool for coding help, CNBC has confirmed. Windsurf, formerly...

Investing

Capital One Financial’s application to acquire Discover Financial Services in a $35.3 billion all-stock deal has officially been approved by the Federal Reserve and the Office of the Comptroller of the...

Investing

Hertz is notifying customers that a data hack late last year may have exposed their personal data. The rental-car giant said an analysis of...

Politics

Pro-life activist Mark Houck, who sued the Justice Department over his arrest and prosecution under the Biden administration, said his family has been blocked...