Mantra (CRYPTO:OM), a Middle-East-focused firm, will tokenise $500 million worth of assets for Dubai-based developer MAG Group.

The first tranche includes a residential project, Keturah Reserve, and a $75 million mega-mansion at 'The Rits-Carlton Residences, Dubai, Creekside'.

Investors will earn yields through stablecoins and Mantra's OM token, with yields expected at 8%.

Specifics of the yield distribution are still under discussion.

In March, Mantra raised $11 million for its real-world tokenisation efforts and is securing licensures from Dubai's crypto regulator VARA.

Despite growing interest, broad adoption of real-world asset tokenisation remains a challenge, with McKinsey predicting the market could reach $4 trillion by 2030.