MANTRA Launches $25M OM Buyback, Total Commitments Hits $45M

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Mantra Launches $25M Om Buyback, Total Commitments Hits $45M



MANTRA has moved with the launch of a $25 million OM token buyback The buyback marks the first major tranche of commitments, executed by MANTRA AG, a wholly owned subsidiary of the MANTRA Chain Association. 

According to the announcement, the program follows a $20 million investment from Inveniam, bringing total commitments to $45 million. With the move MANTRA’s boost’s OM’s long-term value while strengthening its position in the real world asset (RWA) sector.

Besides, the timing shows MANTRA’s push to deliver on its April 2025 pledge of initiating a strategic buyback. CEO and Founder John Patrick Mullin stated, “This buyback program is a pivotal moment for MANTRA. It is not merely a financial transaction but a signal of confidence from our existing partners and key stakeholders.”

Buyback Execution and Supply Impact

From August 27, MANTRA will steadily deploy the $25 million across multiple centralized exchanges. Independent trading firms will manage recurring buy orders at or near market prices. Moreover, each repurchased token will migrate to MANTRA’s mainnet and be staked with its validator set.

At the current market rates, the program is valued at around 110 million OM tokens. This means that the buyback is nearly 10% of OM’s circulating supply. Such a reduction could tighten the available liquidity, which might lead to an increase in price momentum over time.

Migration and Market Expansion

In addition, MANTRA is in the process of moving OM from Ethereum’s ERC-20 standard to its own native chain. So far, 30% of the ERC-20 supply has successfully made the switch. Mullin has warned that January 15, 2026, will be the “doomsday” for ERC-20 OM, urging token holders to migrate without delay. 

https://x.com/jp_mullin888/status/1960186280358072591%20

This shift could lead to better liquidity on the MANTRA chain, which might enhance trading spreads and draw in more institutional investors. The whole RWA market is backing this movement, having jumped to $26.5 billion this year, a 70% increase. 

Additionally, research from Binance suggests that tokenized stocks could potentially create a trillion-dollar market.

According to CoinMarketCap, OM is trading at $0.229985 at the time of writing, with a daily trading volume of around $137.9 million, which is a slight dip of 0.24%. 

The $25 million buyback and migration initiative from MANTRA highlights strong support from institutional investors and reflects confidence in OM’s long-term viability.

Also Read: Hyperliquid Adds New Safeguard Update After XPL Price Spike



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