Inveniam to acquire Mantra after turbulent year marked by OM crash
Data infrastructure company Inveniam Capital Partners announced plans to acquire layer-1 blockchain Mantra and its affiliated entities, deepening its push into tokenized real-world assets (RWAs). The transaction follows a $20 million strategic investment Inveniam made in Mantra in August 2025, the company said Tuesday.
On May 13, Inveniam launched NVNM Chain, a layer 2 blockchain built on Mantra to support asset verification without exposing confidential information. The acquisition expands Inveniam's presence in infrastructure at the intersection of RWA tokenization and AI. Mantra has endured a turbulent period.
In January the company announced layoffs and a restructuring after CEO John Patrick Mullin described it as the most challenging year in its history, following the collapse of the OM token and prolonged market pressure. CoinMarketCap data shows the OM token plunged 90% within hours on April 13, 2025, erasing more than $5 billion in market value.
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