Mantra announced an OM token buyback, along with an upcoming EVM network in September

Mantra Chain announced ambitious plans to make a comeback, starting with a $25M OM token ￰0￱ network also plans an EVM network, as well as RWA tokenization ￰1￱ Chain aims to make a comeback, rebuilding its reputation following the crash in ￰2￱ Cryptopolitan reported , OM lost most of its value following erratic, low-liquidity trading on centralized ￰3￱ of the first tasks for Mantra’s comeback is an OM token buyback program, setting aside $25M for ￰4￱ we are announcing the first $25M $OM token buyback, backed by key investors and ￰5￱ with @InveniamIO 's recent $20M investment, total commitments now reach $45M – reinforcing strong institutional confidence in OM’s long-term value, MANTRA’s wider #RWA … ￰6￱ — MANTRA | Tokenizing RWAs (@MANTRA_Chain) August 27, 2025 In total, the buybacks will include $25M from the Mantra team, as well as $20M commitment from Inveniam, expanding the entire injection into OM to $45M.

Inveniam’s commitment is financial, in addition to picking a validator role to secure the Mantra ￰7￱ buybacks will be fully transparent and happening on-chain, with the goal of boosting the confidence of the Mantra ￰8￱ remains volatile, still trading around $0.23, with 2.4% daily gains. Previously, OM was one of the top RWA tokens, driving the entire ￰9￱ project is still carrying the effect of skepticism, blaming the team for a rug pull or deliberate ￰10￱ recovered slightly, though the token is still depressed after April’s crash, down over 78% net for the past year. |