Demex Daily #272: Google Cloud Partners with Mantra Chain to Boost RWA Infrastructure

What’s Interesting Today:

Google Cloud has become the primary validator and infrastructure provider for Mantra Chain, a Layer 1 network focused on real-world assets (RWAs). This partnership aims to enhance scalability, transaction speed, and liquidity for Mantra users. Additionally, they will launch the Mantra Incubator in Q1 2025 to support RWA development. The announcement coincides with a significant surge in Mantra's OM token, which has increased 6,550% this year, driven by its recent pivot towards RWAs and partnerships with real estate firms. Users can now stake their OM tokens and access future RWA airdrops.

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Stacks, a prominent Bitcoin layer-2 project, has activated its long-awaited Nakamoto upgrade, which aims to speed up transactions and enhance their irreversibility to match that of Bitcoin. The upgrade significantly reduces transaction times and lays the groundwork for the upcoming launch of sBTC. Co-founded by Muneeb Ali, Stacks is recognized as one of the oldest and most credible layer-2 efforts on Bitcoin, amidst a growing number of similar projects. The Nakamoto upgrade has been a key focus of Stacks’ development roadmap, following earlier phases and delays before its full activation.

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