Mantle
ChainsActive

Mantle

Tokenization-as-a-Service embedded in an L2. Betting institutions want blockchain as managed service, not a protocol to integrate.

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Brief

L2 pivoted to RWA-native infrastructure. Tokenization-as-a-Service for institutional issuers. First CEX-related chain to support USDT0. Integrations with Securitize, Aave, Ethena, Backed/xStocks.

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Snapshot

Key terms and identifiers.

Asset classes
Treasuries
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Connections

Who they build with, build on, integrate with.

Dependency

Where this player builds on, integrates, or relies on others.

Tension

Direct competition or overlapping market position.