Mantra Chain will tokenize $500 million worth of assets from Dubai real estate developer MAG Group. The project will tokenize the assets in multiple batches, with the first batch of tokens to include a residential project, Keturah Reserve, built by MAG in Meydan, Dubai. Investors will earn through the stablecoin and Mantra's OM token. They expect to earn 8% from the stablecoin and receive additional OM tokens. According to data from CoinMarketCap, OM was trading at 84 cents at the time of writing, having hit an all-time high of more than $1 in June.