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MANTRA Launches Mainnet Upgrade with EVM and CosmWasm Integration

The upgrade to a MultiVM architecture on Mantra’s Layer 1 blockchain enhances developer tooling, enabling seamless RWA tokenization and embedding compliance at the protocol level.

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Summary

MANTRA has successfully upgraded its Layer 1 blockchain to support both Ethereum Virtual Machine (EVM) and CosmWasm contracts through a MultiVM design. This upgrade simplifies the deployment of decentralized applications (dApps) across different ecosystems, facilitating the tokenization of real-world assets (RWAs). With compliance features embedded at the protocol level and supported by a VARA-issued VASP license, the network offers a clear regulatory framework. Mantra plans further improvements, including permissioned liquidity pools and deeper interoperability with other blockchains.

Terms & Concepts
  • Ethereum Virtual Machine (EVM): A computation engine that enables the deployment and execution of smart contracts on Ethereum-compatible blockchains.
  • CosmWasm: A smart contract platform for the Cosmos ecosystem, enabling secure, interoperable contract execution using WebAssembly (Wasm).
  • Real-World Asset (RWA) Tokenization: The process of creating blockchain-based digital representations of physical or traditional financial assets, allowing them to be traded and managed on-chain.