Zand Bank of the UAE signs a memorandum of understanding with MANTRA to support RWA tokenization

ChainCatcher news, Zand Bank, a digital bank authorized by the Central Bank of the UAE, announced the signing of a memorandum of understanding (MOU) with MANTRA, a Layer1 blockchain focused on RWA. The collaboration between the two entities will focus on developing a framework to support the tokenization and distribution of RWA, and will comply with the regulations of the Dubai Virtual Assets Regulatory Authority (VARA).