Mantra launches $15M green project with Dimitra to revive OM after price collapse

Mantra has joined forces with agri-tech giant Dimitra to kick-start a new phase in real-world asset (RWA) tokenisation, aiming to rebuild investor confidence after a drastic collapse in its OM token price.

The collaboration will pilot blockchain-powered agricultural and sustainability projects in Latin America, starting with cocoa production in Brazil and a forest conservation effort in Mexico.

These initiatives are designed to generate traceable carbon credits through Dimitra’s proprietary technology, which could bring in millions in revenue while enabling transparent, asset-backed investment flows on Mantra’s regulated layer-1 chain.

First phase to generate 1 million carbon credits

The first phase of the partnership targets two specific regions: the Amazon rainforest in Brazil and 19,000 hectares of conservation land in Mexico.

According to Dimitra, the Mexican site is expected to produce 1 million carbon credits over the next ten years, worth an estimated $15 million.

This is made possible by Dimitra’s blockchain-based monitoring system, which can track and verify environmental data in real time.

These carbon credits will be tokenised on the MANTRA Chain, enabling buyers and institutional investors to access a more transparent, regulation-ready market.

Jon Trask, CEO of Dimitra, noted that the current site is only a fraction of the total 300,000 hectares managed by Fundación Álica in Mexico, signalling the potential for rapid expansion once the model proves viable.

Strategic move to regain investor trust

Mantra’s collaboration with Dimitra is part of a broader effort to restore trust following the OM token’s sharp drop from $6.26 to as low as $0.42 earlier this year.

The crash significantly impacted investor sentiment around Mantra’s RWA tokenisation ambitions, forcing the project to double down on credibility-building partnerships and ecosystem transparency.

To this end, blockchain analytics firm Nansen has joined as a validator on the MANTRA Chain.

The move is seen as a step towards institutional legitimacy, allowing for deeper visibility into on-chain activity.

Mantra has launched a token burn programme, further aiming to reduce supply and reinforce long-term value for OM holders.

Market reaction remains cautious

Despite these recent developments, OM has struggled to regain upward momentum.

At the time of writing, OM is trading in at $0.38, reflecting market hesitation even amid strategic partnerships and forward-looking initiatives.

Source: CoinMarketCap

On-chain activity has shown marginal upticks since the Dimitra partnership announcement, but broader investor response remains muted.

Analysts suggest that the project will need to demonstrate successful carbon credit trades and tangible revenue from RWA projects before OM’s price can stabilise or recover meaningfully.

Still, with a growing global emphasis on environmental finance and tokenised green assets, Mantra’s push into scalable, blockchain-verified carbon projects could eventually give it an edge in the crowded RWA sector.

The project’s focus on compliance, transparency, and measurable outcomes sets it apart from others that lack regulatory footing.

Outlook for expansion and scalability

The ultimate test for the Mantra-Dimitra partnership lies in execution and scalability. The current pilot in Mexico could be expanded over Fundación Álica’s 300,000-hectare estate if the first phase succeeds.

Similarly, Brazil’s cocoa production initiative offers opportunities to introduce additional agri-linked tokenisation products, including food supply chain credits and crop insurance.

With environmental regulation tightening and demand for verified carbon credits increasing globally, tokenised sustainability projects are likely to attract growing institutional interest.

Mantra’s regulated infrastructure may prove crucial in bridging the gap between decentralised innovation and institutional trust.

However, the road to recovery for OM remains uncertain. Investor patience may hinge on whether these on-ground projects can deliver real returns within a short-to-medium timeframe.

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