The new fund will focus on investing in startups at any stage of their development, regardless of their geographic location. This will be possible thanks to an extensive network of partners and the created infrastructure that will contribute to the successful development of promising projects.
Such major players as Laser Digital, Shorooq, Brevan Howard Digital, Valor Capital, Three Point Capital and Amber Group took part in the creation of MEF.
Interestingly, the launch of the fund took place just a month after Mantra became the first DeFi platform to receive a license to provide virtual asset services from VARA in Dubai. This step significantly strengthened its position in the market and expanded access to new investment opportunities.
According to RWA.xyz, the total TVL of the real asset tokenization sector has reached $19.7 billion, confirming the growing interest in this area and its potential for further growth.
At the same time, Fidelity Investments is preparing to launch its own stablecoin. According to media reports, this step is intended to accelerate the company's advancement in the digital asset market and strengthen its position in the RWA segment. In the past, Fidelity has already filed documents to register a tokenized version of its monetary fund - Fidelity Treasury Digital Fund.
It is worth noting that as part of the expansion of the DeFi ecosystem, the Ondo Finance project recently joined the Mastercard Multi-Token Network, which also highlights the increasing attention of major players to the RWA sector and its integration with traditional financial instruments.