Binance has become one of Mantra validators, joining top industry names like Nansen, Google Cloud, Twinstake, and Hex Trust.
Summary
- Binance joins Mantra validators, enhancing network security and governance decentralization.
- The news follows a partnership with Inveniam to expand Mantra’s institutional RWA ecosystem.
- Despite expanding partnerships, OM token remains below $0.40, though early signs of a potential reversal are emerging.
Mantra (OM) has officially welcomed Binance to its mainnet validator set, marking a major milestone in enhancing the network’s security and governance decentralization. As part of this collaboration, users can enjoy attractive incentives, including up to 29.9% APR rewards on OM locked products via Binance Simple Earn, available until the end of August.
This partnership follows MANTRA’s recent efforts to diversify its validator pool by phasing out internal validators and onboarding trusted external partners. Binance joins an elite group of Mantra validators, which includes Nansen, Google Cloud, Twinstake, and Hex Trust.
The move comes shortly after Mantra announced a major partnership with Inveniam to build a global institutional RWA ecosystem centered in the UAE and U.S.
Mantra continues to forge partnerships despite price slump
Despite adding Binance—the world’s largest crypto exchange by trading volume—Mantra’s native token OM is down 10% in the past 24 hours, trading around $0.26 at press time. The token continues to languish in a prolonged downtrend following a sharp 90% crash on April 13, though early signs of a potential reversal are emerging.
Meanwhile, the team continues to advance the project through strategic partnerships. Prior to the recent collaboration with Inveniam, Mantra partnered with agri-tech platform Dimitra to tokenize agricultural commodities like cacao and carbon credits. The project also joined forces with WIN Investments to launch “transfer tokens” tied to FIFA’s Solidarity Mechanism, enabling fans to participate financially in football player transfers.
Additionally, Brazil’s largest crypto exchange, Mercado Bitcoin, is working with Mantra to tokenize over $200 million in assets this year, further expanding Mantra’s footprint in Latin America.
Crypto analyst Park Yong recently weighed in on these post-crash efforts, stating:
“Let’s be clear — yes, OM fell hard. The crash was brutal. But it wasn’t the result of a broken protocol or a failed product. It was a liquidity wipeout, triggered by cascading liquidations on CEXs — a systemic event, not a project flaw. In fact, the fact that OM survived that kind of washout and continued to grow its RWA base, integrate new tokenized assets, and maintain regulatory clarity… is a testament to its resilience.”
However, OM price action tells a different side of the story. It shows that investors are still cautious, and there’s work to be done to rebuild their confidence.
