MANTRA Launches RWAccelerator with Google Cloud

MANTRA Chain, a layer 1 blockchain designed specifically for tokenized real-world assets (RWAs), has launched the RWAccelerator program, a startup accelerator focused on empowering builders and startups in the RWA space. The program is supported by Google Cloud and aims to drive development, innovation, and adoption in the tokenization of real-world assets across various sectors, including real estate, financial products, and alternative assets.

The RWAccelerator program offers investment capital, mentors, dedicated AI support, and other resources to selected projects. Applicants can choose from three themed tracks: infrastructure, tokenization, and DeFi. The program will undergo a robust screening process to identify innovative entrepreneurs, startups, and builders for this unique opportunity.

Selected projects will receive support from the Google for Startups Cloud program, providing access to Google Cloud resources such as cloud credits, technical support, and workshops led by Google engineers. MANTRA team members will also be available to support accelerator participants, offering advice and support across various aspects, including smart contracts, tokenomics, market maker selection, listing processes, legal and compliance.

John Patrick Mullin, CEO of MANTRA, expressed his enthusiasm about the program, stating, "This is a powerful opportunity for startups to harness cutting-edge technology and gain access to resources and mentorship. With support from Google Cloud, this RWAccelerator will allow startups to reach new heights and significantly contribute to the wider Web3 community."

Richard Widdman, representing Google Cloud, echoed Mullin's sentiments, "We’re excited to collaborate with MANTRA to support the next wave of innovative Web3 startups focused on tokenizing real-world assets. By providing access to Google Cloud’s infrastructure and expertise, we aim to create an environment where these startups can truly thrive, experiment, and push the boundaries of what’s possible in the Web3 space."

Applications for the first intake to the RWAccelerator are now open and will be accepted until March 20, 2025. Chosen participants will be notified by April 1 and will begin the three-month program with an in-person summit in Dubai. Applications for the second intake will open on March 20, 2025.

In addition to launching the RWAccelerator, MANTRA also added Google Cloud as a primary validator and infrastructure